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Market
Micron's global semiconductor market cap ranking by end of 2027
5
Resolution / Starting Odds
Top 10 • 25%
Top 5 • 25%
Top 3 • 25%
Number 1 • 25%
Market capitalization data from financial news outlets or industry reports
Story
Biden Announces $6.14B for Micron's Megafab, Boosting U.S. Chip Production
Apr 25, 2024, 10:15 AM
The U.S. government has reached a preliminary agreement with Micron Technology to provide up to $6.14 billion in funding under the CHIPS and Science Act to support the construction of three new chip-making facilities. This financial aid, which includes up to $6.1 billion in grants and potentially $7.5 billion in loans, aims to boost U.S. semiconductor manufacturing capacity. President Joe Biden will announce this deal in Syracuse, New York, supporting Micron's $125 billion investment to build a 'megafab' in New York and Idaho over the next 20 years.
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Top 10 globally • 33%
Top 20 globally • 33%
Outside top 20 globally • 34%
Asia • 25%
North America • 25%
Europe • 25%
Other • 25%
Samsung • 20%
TSMC • 20%
Intel • 20%
AMD • 20%
Nvidia • 20%
1st • 25%
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Remains third-largest • 33%
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Becomes the largest • 34%