Micron Initiates Construction on a New Manufacturing Facility
Micron's $15 Billion Investment in U.S. Memory Chip Manufacturing
Micron Technology, Inc. has officially begun the construction of a groundbreaking memory chip manufacturing facility, marking the first of its kind in the United States in two decades. Located in Boise, Idaho, and co-located with the company’s R&D center, this facility represents a substantial investment of approximately $15 billion through the end of the decade and is anticipated to be one of the world’s most advanced manufacturing facilities upon completion.
The project is not only expected to inject $15.3 billion into the Idaho economy and create over 17,000 new jobs but also to spend $13.0 billion with Idaho businesses. Furthermore, Micron plans to invest an additional $75 million over the next 10 years towards the Idaho community and workforce development. The facility, which is projected to start operations in phases from 2025, will produce leading-edge memory manufacturing and is seen as a pivotal move to establish U.S. leadership in semiconductor memory technology. The information is sourced from articles from KTVB and GlobeNewswire.
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