For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.

According to upstate New York urban legend, the potato chip traces its roots back to an aptly named Saratoga Springs cook named George Crum in 1853. Now, the Big Apple's upstairs neighbor is about to become well-known for an entirely different kind of chip.

On Tuesday, semiconductor company Micron announced a $100 billion investment to build a computer chip factory just outside Syracuse -- marking a significant development as the US tries to reduce its dependency on foreign-made chips and the supply chains it takes to get them here.

Continue reading

Source Fool.com