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Trump says 500,000 children receive first $1,000 Trump account deposits
President Donald Trump announced the government deposited $1,000 into over 500,000 Trump Accounts to help newborn Americans build wealth early.
Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
Wall Street closed mixed with Nasdaq down on tech megacap losses despite strong chip sector gains from Micron and Qualcomm amid inflation concerns.
Apple raises prices of MacBooks, iPads as memory costs skyrocket
Apple raised prices for MacBook and iPad models due to soaring memory and storage chip costs driven by AI datacenter demand.
Micron tops estimates, touts $22B in customer deals for memory chips
Micron forecasts quarterly profit and revenue above estimates and secures $22 billion in customer deals for memory chips amid ai-driven demand.
S&P 500, Nasdaq hit record closing highs on AI optimism, Micron joins $1 trillion club
The S&P 500 and Nasdaq reached record closing highs driven by AI optimism, with Micron hitting a $1 trillion market value after UBS raised its price target.
Government Contractors | Technology 2025: PARKS, DELBERT
As site executive at Micron Technology Virginia, Micron’s semiconductor manufacturing facility for computer memory chips, Parks oversees more than 1,230 employees for one of Virginia’s largest exporters. A federally subsidized expansion, including $257 million in federal funds announced in December 2024, is expected to double the plant’s workforce, as Micron plans to move its exi[...]
Trump’s pause on $3T in federal funding could impact Va.
Update, 7:30 p.m. A federal judge temporarily blocked President Donald Trump‘s freeze on federal spending until at least Feb. 3, but the White House did not immediately respond to the judicial order. On Monday, Trump ordered a freeze on more than $3 trillion in federal financial assistance, including grants and loans backing economic development and […]
Micron to invest $2.17B in Manassas expansion
Semiconductor company Micron Technology will invest up to $2.17 billion to expand its Manassas manufacturing facility, creating an expected 340 jobs, Gov. Glenn Youngkin announced Monday. Micron will modernize the plant at 9600 Godwin Drive to produce dynamic random-access memory (DRAM) chips for automotive, aerospace, defense and industrial markets, according to a news release from […]
Micron expects to expand Manassas facility soon
Bolstered by hundreds of millions of dollars in state and federal funding, semiconductor manufacturing in Northern Virginia soon will be expanding. In May, Idaho-based Micron Technology applied for federal funding through the 2022 CHIPS and Science Act, which allocated more than $52 billion in subsidies for domestic companies researching and manufacturing semiconductors, to expand its […]
Federal Contractors | Technology 2023: DELBERT PARKS
In 2021, Parks joined Micron as site executive for its Manassas manufacturing lab. The facility’s 2019 expansion remains the largest economic deal in state history, with more than $3 billion in investments and 1,000 new hires planned by 2030. Parks worked as an electrician during high school before earning his bachelor’s and master’s degrees in […]
Va. officials woo chip manufacturers
U.S. Sen. Mark Warner and state and local economic development officials are vying to attract semiconductor chip manufacturing facilities to four Virginia industrial sites as the commonwealth gears up to fight for a piece of the financial pie from sweeping federal legislation that promises to ramp up chip production in the U.S. Representatives of Chesterfield, […]
State looks to private industry for protective medical gear
UPDATED MARCH 27, 4 P.M. This week, Virginia received its first shipment of personal protective equipment (PPE) for front-line health care workers from the federal government’s Strategic National Stockpile, but that supply is falling far short of the demand that will be needed for the COVID-19 pandemic, so Gov. Ralph Northam is calling on private […]
