Micron earmarks $100B for chip plant near Syracuse
Abstract
Micron Technology, a Boise, Idaho-based semiconductor manufacturing company, plans to invest up to $100 billion over the next 20 years to build a new megafab in Clay, New York, near Syracuse. Site preparation work will start in 2023, with construction beginning in 2024. The site could eventually include four 600,000-square-foot cleanrooms, for a total of 2.4 million square feet of cleanroom space. The newMegafab will create nearly 50,000 jobs. The $5.5 billion in incentives and federal grants and tax credits from the CHIPS Act are critical for hiring efforts and capital investment.
You can contact us to get more choices