The prospect of receiving subsidies forced Mikron to prepare an application to expand production in the U.S

The prospect of receiving subsidies forced Mikron to prepare an application to expand production in

The very tone of discussing a $52 billion bill for the construction of new semiconductor industries in the United States has set many potential recipients of this money to demonstrate their own plans more actively, and therefore Microsoft Technology has not refused to comment, even though it has not indicated anything clear.

This week, as is well known, the core law was finally approved by the U.S. Congress, and it is due to be signed by President Joseph Biden early next week, which will allow the relevant agencies to proceed with the allocation of funds to applicants. The company Mikron Technology has found it necessary to state that now only 2% of the world's memory chips are produced in the U.S., and all of this is being produced under this brand. In the coming years, Mikron is going to change this state of affairs by significantly increasing the size of the country's memory production. Details will be available in the coming weeks.

It would seem that this is not a good market moment for such expansion claims: macro-economic experts talk about recession, memory prices are falling markedly, demand for consumer electronics has declined dramatically, but it should be borne in mind that Mikron's competitors are also preparing the ground for US subsidies. Samsung Electronics has recently stated that it is going to spend $200 billion to expand production in the US, and SK hynix has reported plans to spend at least $15 billion on chip production and development in the US. In this situation, the only indigenous American company, Mikron Technology, has simply been unable to remain silent, especially since investment projects are expected to be years ahead and market conditions are changing rapidly.