Micron Technology, Inc. (MT) has been one of the major producers of semiconductor products as a world leader in memory and storage solutions, in the U.S. and global marketplaces. Please do research on the MNC of semiconductors and answer the following questions.

4. If MT leaders want to build strategic alliances with one of its competitors, which firm/MNC do you recommend seeking the alliances with? Explain why and how.

5. The CHIPS and Science Act of 2022 was passed and signed into law on August 9, 2022. Please discuss how MT can take advantage of the CHIPS Act to enhance its competitiveness in the global marketplaces.