Micron to Invest $15 Billion in New Idaho Fab, Bringing Leading-Edge Memory Manufacturing to the US
01 Setembro 2022 - 10:00AM
Micron Technology, Inc. (NASDAQ: MU), one of the world’s largest
semiconductor companies and the only U.S.-based manufacturer of
memory, today announced plans to invest approximately $15 billion
through the end of the decade to construct a new fab for
leading-edge memory manufacturing in Boise, Idaho. This will be the
first new memory manufacturing fab built in the U.S. in 20 years,
ensuring domestic supply of leading-edge memory required for market
segments like automotive and data center, fueled by accelerating
adoption of artificial intelligence and 5G.
This is the first of Micron’s multiple planned U.S. investments
following the passage of the CHIPS and Science Act, and represents
the largest private investment ever made in Idaho. 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.
With the 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 will create over 17,000 new American jobs, including
approximately 2,000 direct Micron jobs, by the end of the
decade.
“We thank President Biden, Secretary of Commerce Raimondo,
Secretary of Defense Austin, the Biden-Harris Administration and
Members of Congress for the bipartisan support of the CHIPS and
Science Act, which made this investment decision possible,” said
Micron President and CEO Sanjay Mehrotra. “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. We also appreciate the
support of Governor Little and his administration, Idaho state
legislators, Mayor McLean and our partners at Idaho Power. We are
proud of the positive impact this investment will have on the
community and our more than 6,000 employees located in Boise,
Micron’s headquarters and the epicenter of our innovation for over
40 years.”
As part of the company’s ongoing commitment to invest in the
Idaho community and further build our workforce, Micron will expand
investment for K-12 STEM education programs and increase focus on
reaching underrepresented and rural student populations. Micron
will also deepen its partnerships with Idaho institutions,
universities with strong research and semiconductor engineering
programs, minority serving intuitions (MSIs) and veterans
transition programs across the nation. Locally, Micron is also
proud to announce a partnership with the College of Western Idaho
to lead efforts in delivering key curricula, such as Advanced
Mechatronics Engineering Technology, to prepare students for the
Micron Technician Apprenticeship Program.
To support Micron’s growing employee population, the company
expects to open a world-class childcare facility operated by our
local partners at the Treasure Valley Family YMCA. Located across
from Micron’s corporate headquarters, the center will provide STEM
based programming and provide easy access for parents to interact
with their children during the day and ease the transition for
those, especially mothers, returning to the workforce.
Today’s announcement is part of Micron’s intention to invest
more than $150 billion globally over the next decade in
manufacturing and R&D, including plans to invest $40 billion
through the end of this decade to build leading-edge memory
manufacturing in multiple phases in the U.S., in line with
long-term industry demand trends.
About Micron Technology, Inc. We are an
industry leader in innovative memory and storage solutions
transforming how the world uses information to enrich life for all.
With a relentless focus on our customers, technology leadership,
and manufacturing and operational excellence, Micron delivers a
rich portfolio of high-performance DRAM, NAND and NOR memory and
storage products through our Micron® and Crucial® brands. Every
day, the innovations that our people create fuel the data economy,
enabling advances in artificial intelligence and 5G applications
that unleash opportunities — from the data center to the
intelligent edge and across the client and mobile user experience.
To learn more about Micron Technology, Inc. (Nasdaq: MU), visit
micron.com. © 2022 Micron Technology, Inc. All
rights reserved. Information, products, and/or specifications are
subject to change without notice. Micron, the Micron logo, and all
other Micron trademarks are the property of Micron Technology, Inc.
All other trademarks are the property of their respective
owners.
Micron Media Relations ContactErica Rodriguez
PompenMicron Technology, Inc.+1 (408)
834-1873epompen@micron.com
Micron Investor Relations ContactFarhan Ahmad
Micron Technology, Inc. +1 (408) 834-1927farhanahmad@micron.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/29343cd2-960e-4cfd-a5ca-aeb18ca9b578
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