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Brief of diving:
- The semiconductor maker Micron Technology is planning to invest $ 200 million in the U.S. The company announced on Thursday.
- Micron will spend $ 150 million to expand the manufacture of national memory in their facilities in New York, Idaho and Virginia, as well as $ 50 million in R&D efforts.
- The investment, which is expected to create 90,000 direct and indirect jobs, includes a new $ 30 billion commitment to build a second manufacturing plant in Boise, Idaho, expanding Micron’s ManassasVirginia, installation and growing capacity of bandwidth memory.
Divide vision:
Micron, which was completed 6.2 billion dollars on chips and science funding Last December, she is one of the many winners to increase her investments, as the Department of Commerce pushes chip makers for more aggressive financial commitments.
Micron received $ 6.2 billion to expand its Idaho and New York facilities, as well as $ 275 million to expand and modernize its Manassas, Virginia facilities, which will begin at the end of this year. While the largest financing part was completed in December, Micron revealed in a values presentation that had ended the federal contract for Virginia’s funding on June 11. The company has been among the earliest bidderers to see a state change in funding since President Donald Trump took office.
The Secretary of Commerce Howard Lutnick said during a congressional budget hearing Last week, the Department is “renegotizing” chips “for chips” for the benefit of the North -American taxpayer. “
The list of chips awards by increasing its investments continues to grow. Last week, Globalfounds, which will receive $ 1.5 billion in chip financing, announced $ 3 billion in North -American manufacturing investments. And in March, Taiwan Semiconductor Manufacturing Co., received $ 6.6 billion in money for chips, he committed another $ 100 billion in North -American investments.
Micron has announced several high -profile investments in recent years. By 2022 the company presented plans to Invest 100 billion dollars in Clay, New York For two decades to build the largest manufacturing plant in the country.
It is also in the midst of building a $ 25 billion FAB in Boise, Idaho, which will be further expanded under the new investment. The company plans to spend $ 30 billion to build a second FA FA report in Boise, as well as further expand its installation of Manassas, Virginia.
Investments aim to bring to the United States the manufacture of large bandwidth memory, as well as expand the dynamic production of dynamic random access memory chips. Micron said he is going to the court starting Dram’s production in Idaho in 2027 and will begin construction preparation in New York at the end of this year.
Micron hopes to complete the construction of the second Idaho Fab before its first New York facility. Idaho’s second installation will host its bandwidth memory production.
It is unclear which of its chips funded that Micron has really received. Once the contracts are completed, the adjudicators must fulfill certain construction, technology, production and commercial goals to receive money.
Micron said in a Thursday press statement that he has already achieved “keys construction milestones” at his first Idaho Fab. A spokesman refused to comment on the status of the distribution of funds from the Department of Commerce.
