Micron’s leading-edge memory fab will
create nearly 50,000 New York jobs over more than 20 years; New Green CHIPS
Community Fund to invest $500 million in community and workforce development
over time. About the project
In 2022, Micron announced its plans to build the
largest semiconductor fabrication facility in the history of the United
States. Micron intends to invest up to $100 billion over the next 20-plus
years to construct a new megafab in Clay, New York, with the first-phase
investment of $20 billion planned by the end of this decade. The new megafab
will increase domestic supply of leading-edge memory, create nearly 50,000
New York jobs and represent the largest private investment in New York state
history. Micron will design, build and operate the facility in accordance
with its sustainability goals.
Micron’s project is aligned with the goals of the CHIPS and Science Act
Notice of Funding Opportunity (NOFO) to enhance U.S. economic and national
security by securing a leading edge in critical technologies and rebuilding a
highly complex but critical manufacturing sector in the U.S.
In New York, the combination of a grant of commensurate scale and the
long-term investment tax credit will help to bring high-volume leading-edge
DRAM manufacturing to the U.S. on economically competitive terms. |
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bEMA International
Washington, D.C. 20020
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Cooperation, Collaboration,
Communication, Coordination, Community engagement, and Partnering (C5&P)
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A 501 (c) 3 organization
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