Micron, Biden-Harris Administration, U.S. Senate Majority Leader Schumer Announce $6.1B in CHIPS and Science Act Funding for Historic Planned Investment in Domestic Leading-Edge Memory Manufacturing in Idaho and New York - Seite 3

“This monumental and historic federal investment will power Micron to bring to life its transformative $100+ billion microchip mega-fab project in Central New York, creating an estimated 50,000 good-paying jobs and rebuild the Upstate New York economy one microchip at a time. This project is a rebirth, a dramatic turning point for Upstate New York, and will reverse decades of lost manufacturing jobs and make the region a global epicenter for cutting-edge microchip manufacturing,” said Senator Schumer. “Central New York will be the beating heart of America’s most advanced memory chip production and the comeback of American manufacturing. Without the federal incentives funded by the CHIPS & Science Law I crafted and led to passage, Micron’s mammoth project would not be happening. I wrote the CHIPS & Science Law with Upstate New York – and investments like Micron’s – as my north star, and it is exciting and wonderful that this vision is becoming a reality.”

Micron is also appreciative of New York Governor Kathy Hochul who championed the Green CHIPS legislation and partnered with Micron to create the Community Investment Framework to revitalize central New York. Additional federal, state and local leaders have played a pivotal role in the development of Micron’s plans including, U.S. Senator Kirsten Gillibrand, U.S. Senator Mike Crapo, U.S. Senator James Risch, Idaho Governor Brad Little, Boise Mayor Lauren McLean and Onondaga County Executive Ryan McMahon.

Establishing leading-edge memory manufacturing in the U.S. will propel supply chain resiliency.

Micron is the only company to produce memory in the U.S., the only American company capable of developing the most advanced memory and the only company that is now working to bring leading-edge memory manufacturing to the U.S. Micron’s Idaho fab and two New York fabs are expected to help the U.S. grow its share of advanced memory manufacturing from less than 2% today to approximately 10% by calendar year 2035.

Micron will attract and build a semiconductor ecosystem that is firmly anchored on U.S. soil through its planned Idaho and New York investments and the support of suppliers in nearly all 50 states.

Micron’s manufacturing plans and commitment to workforce development in Idaho and New York will help ensure U.S. economic leadership.

Micron initiated construction on its Boise fab in October of calendar year 2023. The fab will be co-located with Micron’s world-class R&D center to enhance operational efficiency, accelerate technology deployment and improve time to market for leading-edge products. The Idaho fab is expected to come online and be operational in calendar year 2025, with DRAM output starting in calendar year 2026 and ramping in line with market demand over the second half of the decade.