Biden is giving $6 billion to Micron for a semiconductor project in upstate New York

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President Biden visited Syracuse on Oct. 27, 2022, with Micron CEO Sanjay Mehrotra, Senate Majority Leader Chuck Schumer, New York Gov. Kathy Hochul and other elected officials. Mandel Ngan/AFP via Getty Images

Mandel Ngan/AFP via Getty Images

President Biden travels 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.

“This is the federal government taking back the reins, putting money where

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