The planned facility, expected to create an estimated 17,000 new American jobs, will help ensure domestic supply of leading-edge memory for market segments like automotive and data center

September 1, 2022

BOISE, Idaho—Micron Technology, Inc. is planning to invest approximately $15 billion through the end of the decade to construct a new fabrication facility (fab) for leading-edge memory manufacturing in Boise, the company said in a release.

The planned facility, said to represent the largest private investment ever made in Idaho, will be the first new memory manufacturing fab built in the U.S. in 20 years. It will help ensure the domestic supply of leading-edge memory for market segments like automotive and data center, fueled by accelerating adoption of artificial intelligence and 5G, according to the release.

Co-locating the new manufacturing fab with Micron’s R&D center at the company’s headquarters will enhance operational efficiency, accelerate technology deployment, and improve time to market, the company said.

“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,” said Micron President and CEO Sanjay Mehrotra, in the release.

This is the first of Micron’s multiple planned U.S. investments following the passage of the CHIPS and Science Act. In August, Micron announced plans to invest $40 billion through the end of the decade to build leading-edge memory manufacturing in multiple phases in the United States.

On the strength of anticipated federal grants and credits made possible through the CHIPS and Science Act, as well as the incentives provided by the state of Idaho and the support of the governor, the new fab is expected to create more than 17,000 new American jobs—including approximately 2,000 direct Micron jobs—by the end of the decade, the company said.

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