WASHINGTON, Dec 10 (Reuters) - The U.S. Commerce

Department said on Tuesday it had finalized a $6.165 billion

government subsidy for Micron Technology ( MU ) to produce

semiconductors in New York and Idaho.

The funding will support Micron's long-term plan to invest

around $100 billion in manufacturing in New York and $25 billion

in Idaho and is one of the largest government awards to chip

companies under the $52.7 billion 2022 CHIPS and Science Act.

The new funding, $4.6 billion for New York and $1.5 billion

for Idaho, is identical to the amount announced in April.

Separately, the department said it has reached a preliminary

agreement to award Micron up to $275 million in proposed funding

to expand and modernize its facility in Manassas, Virginia to

help it bring a more advanced technology to the United States

boosting its wafer production.

The department said the Micron investments will create

approximately 20,000 jobs and help the U.S. grow its share of

advanced memory chip manufacturing from less than 2% to

approximately 10% by 2035.

Micron is working on a 1,400-acre mega campus to make

dynamic random-access memory chips (DRAM) in central New York

state.

DRAM chips are key components in personal computing, cars,

industrial operations, wireless communications and artificial

intelligence and Micron's High-Bandwidth Memory is critical for

enabling new AI models, the department said.

Micron CEO Sanjay Mehrotra said the award "will help drive

economic growth and ensure that the U.S. remains at the

forefront of technological advancements."

Micron shares were down less than 1% on Tuesday.

The White House said the investments will help "onshore a

critical technology relied upon by our defense industry,

automotive sector and national security community",

President Joe Biden's administration has finalized a series

of subsidies, including a $7.86 billion award for Intel ( INTC ), $6.6

billion for Taiwan Semiconductor Manufacturing Co's ( TSM )

U.S. unit and $1.5 billion for GlobalFoundries ( GFS ).

The final awards come just weeks before President-elect

Donald Trump, who has criticized the program, takes office.