Micron set to get $6 billion in chip grants from US, Bloomberg reports
By
Biju Kumar
Memory chip maker Micron Technology is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg News reported on Wednesday.
The award, which is not yet finalized, could be announced as soon as next week, the report said, citing people familiar with the matter.