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Schumer assures Micron deal secure, Trump “locked in” by contract

Schumer assures Micron deal secure, Trump “locked in” by contract

Senate Majority Leader Chuck Schumer assured New Yorkers that Micron’s plans to build a major chip plant in Central New York are secure, stating President-elect Donald Trump will be “locked in” to the agreement through contractual obligations. Schumer, who authored the bipartisan CHIPS and Science Act funding the project, dismissed Trump’s recent criticisms of the bill, noting that major chip facilities are being developed across both red and blue states.

Finger Lakes Partners (Billboard)

Micron’s deal with the U.S. Department of Commerce, backed by CHIPS funding, is expected to be finalized by year’s end. Schumer emphasized his confidence that Micron’s commitment to New York cannot be undone.