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The CHIPS and Science Act, approved in August 2022, aims to boost United States innovation and competitiveness with a $280 billion investment in new microprocessor manufacturing and R&D facilities, high-tech hubs, and a diverse STEM workforce. ....
U.S. memory chip firm Micron Technology, Inc said on Thursday it would invest up to $825 million in a new chip assembly and test facility in Gujarat, India, its first factory in the country. ....