MICRON TO BRING MICROCHIP PLANT TO UPSTATE NEW YORK
Techlife News|Techlife News #571
Micron, one of the world's largest microchip manufacturers, announced it would open a semiconductor plant in upstate New York, promising a long-term investment of up to $100 billion and a plant that could bring 50,000 jobs to the state.
MICRON TO BRING MICROCHIP PLANT TO UPSTATE NEW YORK

The company was lured to the Syracuse area with help from a generous set of federal, state, and local incentives, including up to $5.5 billion in state tax credits over 20 years.

The announcement comes after Senate Majority Leader Charles Schumer, D-NY, had pushed for Idaho-based Micron and the company's CEO, Sanjay Mehrotra, to consider upstate New York for its factory. It also comes months after Congress passed the $280 billion CHIPS and Science Act, which set aside $52 billion to bolster the semiconductor industry.

"An investment of this scale in the U.S. is simply not possible without significant government and community support," Mehrotra said at the announcement.

In addition to tax credits tied to investment and job creation, New York has pledged $200 million for road and infrastructure improvements where the plant is being built in suburban Clay and $100 million to a "community benefit" fund. The state also will review supplying the operation with low-cost power.

New York has a long history of providing financial incentives for companies to locate or expand in the state, with critics questioning whether taxpayers consistently get their money's worth. Recently, Democratic Gov. Kathy Hochul has defended her plan to spend an eventual $850 million in taxpayer money toward a new stadium for her hometown Buffalo Bills.

هذه القصة مأخوذة من طبعة Techlife News #571 من Techlife News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة Techlife News #571 من Techlife News.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من TECHLIFE NEWS مشاهدة الكل
OFFSHORE WIND INDUSTRY SAYS 'MISINFORMATION' FROM FOES IS A STRONG HEADWIND IT MUST FIGHT
Techlife News

OFFSHORE WIND INDUSTRY SAYS 'MISINFORMATION' FROM FOES IS A STRONG HEADWIND IT MUST FIGHT

The U.S offshore wind energy industry says it needs to fight back against disinformation being spread by opponents of wind farms.

time-read
3 mins  |
November 02, 2024
HOW TO PROTECT YOURSELF FROM SCAMMERS OFFERING FAKE JOBS
Techlife News

HOW TO PROTECT YOURSELF FROM SCAMMERS OFFERING FAKE JOBS

Between finding openings, sending out your resume and interviewing, looking for a job is tough. Now a growing trend of scammers impersonating recruiters is making it even harder.

time-read
4 mins  |
November 02, 2024
HOW TO PREPARE YOUR BODY AND MIND FOR THE END OF DAYLIGHT SAVING TIME
Techlife News

HOW TO PREPARE YOUR BODY AND MIND FOR THE END OF DAYLIGHT SAVING TIME

The good news: You will get a glorious extra hour of sleep. The bad: It’ll be dark as a pocket by late afternoon for the next few months in the U.S.

time-read
2 mins  |
November 02, 2024
IN 'IBELIN' AND 'GRAND THEFT HAMLET,' VIDEO GAME REALMS DRAW FILMMAKERS WITH VIRTUAL CAMERAS
Techlife News

IN 'IBELIN' AND 'GRAND THEFT HAMLET,' VIDEO GAME REALMS DRAW FILMMAKERS WITH VIRTUAL CAMERAS

Film productions often wrestle with shifts in the weather, the threat of the crew going into overtime or the fading of a day’s light. Less common are concerns over the cast slipping off the top of a blimp.

time-read
5 mins  |
November 02, 2024
RESEARCHERS SAY AN AI-POWERED TRANSCRIPTION TOOL USED IN HOSPITALS INVENTS THINGS NO ONE EVER SAID
Techlife News

RESEARCHERS SAY AN AI-POWERED TRANSCRIPTION TOOL USED IN HOSPITALS INVENTS THINGS NO ONE EVER SAID

Tech behemoth OpenAI has touted its artificial intelligence-powered transcription tool Whisper as having near “human level robustness and accuracy.”

time-read
5 mins  |
November 02, 2024
WORLD SERIES GAME 3 AVERAGES 13.64 MILLION.BEATS 'MONDAY NIGHT FOOTBALL'
Techlife News

WORLD SERIES GAME 3 AVERAGES 13.64 MILLION.BEATS 'MONDAY NIGHT FOOTBALL'

The World Series beat “Monday Night Football” in the battle for television viewers.

time-read
1 min  |
November 02, 2024
FITNESS APP STRAVA GIVES AWAY LOCATION OF BIDEN, TRUMP AND OTHER LEADERS, FRENCH NEWSPAPER SAYS
Techlife News

FITNESS APP STRAVA GIVES AWAY LOCATION OF BIDEN, TRUMP AND OTHER LEADERS, FRENCH NEWSPAPER SAYS

An investigation by French newspaper Le Monde found that the highly confidential movements of U.S. President Joe Biden, presidential rivals Donald Trump and Kamala Harris, and other world leaders can be easily tracked online through a fitness app that their bodyguards use.

time-read
3 mins  |
November 02, 2024
GOOGLE'S MONEYMAKING MACHINE STILL PUMPING OUT MASSIVE PROFITS DESPITE MULTIPLE THREATS
Techlife News

GOOGLE'S MONEYMAKING MACHINE STILL PUMPING OUT MASSIVE PROFITS DESPITE MULTIPLE THREATS

Google is still thriving while the company navigates through a pivotal shift to artificial intelligence and battles regulators trying to topple its internet empire.

time-read
2 mins  |
November 02, 2024
ROBERT DOWNEY JR. SAYS HE 'INTENDS TO SUE' ALL FUTURE EXECUTIVES WHO USE HIS AI REPLICA
Techlife News

ROBERT DOWNEY JR. SAYS HE 'INTENDS TO SUE' ALL FUTURE EXECUTIVES WHO USE HIS AI REPLICA

Robert Downey Jr. doesn’t think Marvel executives would ever recreate his portrayal of Tony Stark using artificial intelligence. But if they did, he would lawyer up — even posthumously.

time-read
2 mins  |
November 02, 2024
APPLE LAUNCHES THE IPHONE INTO THE AI ERA WITH FREE SOFTWARE UPDATE
Techlife News

APPLE LAUNCHES THE IPHONE INTO THE AI ERA WITH FREE SOFTWARE UPDATE

Apple is releasing a free software update that will inject its first dose of artificial intelligence into its iPhone 16 lineup as the trendsetting company tries to catch up with technology’s latest craze.

time-read
3 mins  |
November 02, 2024