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Markets fall as investors worry about low economic growth and stubborn inflation rates CNNGDP: US economy grows at 1.6% annual pace in first quarter, falling short of estimates while inflation increases Yahoo FinanceGrowth slowing, inflation rebounding: Fresh, bitter Bidenomics pills New York Post U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown The New York TimesOpinion | A GDP Warning as Signs of Stagflation Appear The Wall Street Journal
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The Micron project comes after the White House has announced massive investments for Intel, TSMC and Samsung in recent weeks using funds from the 2022 CHIPS and Science Act.
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