
President Biden traveled to Syracuse, N.Y., on Thursday to tout $6.1 billion in federal grants for Micron Technology that supporters say could bring an economic revival to the region and dramatically boost domestic U.S. semiconductor chip production to compete with China.
Biden said the investment was part of a push to bring manufacturing back to places like Syracuse. "That's a story seen in community after community nationwide — hollowed out, robbed of hope — but not on my watch," he said.