U.S. to give $1.5B to build computer-chip plant in New York state – The Washington Post

The massive grant, part of the Chips Act, will help the U.S. establish a homegrown supply for some of the most critical components of modern life.
The Biden administration will give $1.5 billion to help build a vast new computer-chip factory in New York state as part of an effort to strengthen the country’s ability to mass-produce the brains of modern consumer and military electronics.
The grant, formally unveiled Monday, is the third announced as part of the Chips and Science Act, a $52 billion program President Biden signed in 2022 in hopes of supercharging U.S. manufacturing of semiconductors, which are largely made overseas.

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