Micron to invest $15 billion on memory chip plant in Boise
Associated PressMicron will invest $15 billion though the end of the decade on a new semiconductor plant in its hometown that the chipmaker said will create 17,000 American jobs. Sanjay Mehrotra, president and CEO of Boise, Idaho-based Micron, said his company’s investment was made possible by last month’s passage of the CHIPS and Science ACT of 2022, a $280 billion bill aimed at bolstering U.S. competitiveness against China and avoiding another chip shortage like the one that derailed the auto and tech industries during the pandemic. “Our new leading-edge memory manufacturing fab will fuel U.S. technology leadership, ensuring a reliable domestic supply of semiconductors that is critical to economic and national security,” Mehrotra said. McLean and Mehrotra last month attended President Biden’s bill signing ceremony for the CHIPS and Science Act.
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