Micron Poised to Get Over $6 Billion in Chips Grants in Announcement Next Week

Micron Technology Inc. , the largest US maker of computer-memory chips, is poised to get more than $6 billion in grants from the Commerce Department to help pay for domestic factory projects, part of an effort to bring semiconductor production back to American soil. The award, which isn’t yet finalized, could be announced as soon as next week, according to people familiar with the matter. It’s not clear whether the company also plans to accept loans available through the 2022 Chips and Science Act in addition to the direct grant...