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United States of America: U.S. Administration awards Micron Technologies USD 6.2 billion in direct funding to support the production of memory chips

Description

On 10 December 2024, the U.S. Department of Commerce announced up to USD 6.2 billion in grants for Micron Technology. The funding will support the construction of several state-of-the-art memory chips...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Dec 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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