On December 10, local time, a statement released by the White House showed that the U.S. Department of Commerce signed a contract with Micron Technology, the largest computer memory chip manufacturer in the United States, to provide Micron Technology with $6.1 billion in funding. In addition, the U.S. Department of Commerce also announced that it had reached a preliminary agreement with Micron Technology to provide an additional $275 million in funding to expand Micron Technology's factory in Manassas, Virginia.