U.S. Senate Majority Leader Chuck Schumer announced on April 17th that Micron has agreed to a preliminary deal unlocking $6.1 billion in federal funding for chip manufacturing in New York and Idaho.

The agreement still needs to undergo a review by the Commerce Department before it is final.

On the same day, Governor Kathy Hochul of New York issued a statement welcoming this news. 

" The largest private investment in American history is on its way to Central New York. New federal funding from President Biden’s CHIPS and Science Act will help lock in 50,000 jobs, a $100 billion investment, and millions of dollars in community benefits, along with aid from the Green CHIPS Act we passed here in New York. As the first Governor from Upstate New York in more than a century, I’m proud to have helped secure this transformative deal along with our federal partners. We’re going to revitalize our Upstate economy — one microchip at a time. "

Editor：Lulu

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