Micron to invest $15 billion on memory chip plant in Boise

Sep 1, 2022, 11:13 AM | Updated: Sep 4, 2022, 7:01 pm
FILE - A sign marks the entrance of the Micron Technology automotive chip manufacturing plant on Fe...

FILE - A sign marks the entrance of the Micron Technology automotive chip manufacturing plant on Feb. 11, 2022, in Manassas, Va. Micron will invest $15 billion though the end of the decade on a new semiconductor plant in its hometown that the chipmaker said will create 17,000 American jobs. Sanjay Mehrotra, president and CEO of Boise, Idaho-based Micron, said his company's investment was made possible by last month's passage of the CHIPS and Science Act. (AP Photo/Steve Helber, File)

(AP Photo/Steve Helber, File)

Micron will invest $15 billion though the end of the decade on a new semiconductor plant in its hometown that the chipmaker said will create 17,000 American jobs.

Sanjay Mehrotra, president and CEO of Boise, Idaho-based Micron, said his company’s investment was made possible by last month’s passage of the CHIPS and Science ACT of 2022, a $280 billion bill aimed at bolstering U.S. competitiveness against China and avoiding another chip shortage like the one that derailed the auto and tech industries during the pandemic.

The CHIPS law sets aside $52 billion to bolster the semiconductor industry, which due to COVID-related supply chain constraints beginning in 2020, has struggled to manufacture the diminutive chips that power everything from smartphones to computers to automobiles.

“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,” Mehrotra said.

Micron said locating the manufacturing plant at the company’s operational headquarter will improve efficiency and help get products to market faster.

Boise Mayor Lauren McLean said the partnership will help the city’s economy grow and attract and diverse workforce.

“This is a once in a generation investment in Boise from a home-grown company that is critical to the economic vitality of our community, our state and our nation,” McLean wrote on Twitter.

McLean and Mehrotra last month attended President Biden’s bill signing ceremony for the CHIPS and Science Act. Idaho’s entire congressional delegation, all Republicans, voted against it.

Biden called the Micron announcement “another big win for America.”

Micron is one of Idaho’s largest employers. The company has several chip manufacturing plants around the world, including in Singapore and Taiwan.

Last week, the chipmaker Intel Corp. announced that it would break ground Sept. 9 on its planned $20 billion Ohio semiconductor facilities. The factories, known as fabs, are expected to open in 2025. President Biden is scheduled to attend the groundbreaking.

—-

Rebecca Boone contributed from Boise, Idaho.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

This undated photo provided by Merced County Sheriff's Office shows Jasleen Kaur, left, and Jasdeep...
Associated Press

‘Our worst fears’: Kidnapped baby, parents, uncle found dead

SAN FRANCISCO (AP) — A baby girl, her parents and uncle were found dead in a central California orchard two days after they were kidnapped at gunpoint from their business, police said. “Our worst fears have been confirmed,” Merced County Sheriff Vern Warnke said at a Wednesday night news conference. Warnke did not release any […]
23 hours ago
A currency trader walks by the screen showing the foreign exchange rate between U.S. dollar and Sou...
Associated Press

Asian stocks mixed on strong US hiring, OPEC oil output cuts

BEIJING (AP) — Asian stocks were mixed Thursday after strong U.S. hiring dampened hopes the Federal Reserve might ease off plans for interest rate hikes and the OPEC group of oil exporters agreed to output cuts to shore up prices. Tokyo and Seoul advanced while Hong Kong and Sydney declined. Chinese markets were closed for […]
23 hours ago
FILE - The exterior of Phoenix College, part of the Maricopa County Community College system, is se...
Associated Press

Arizona weighing in-state tuition rate for some non-citizens

PHOENIX (AP) — Arizona voters this November will decide whether to allow students regardless of their immigration status to obtain financial aid and cheaper in-state tuition at state universities and community colleges. At least 18 states, including California and Virginia, as well as the District of Columbia now offer in-state tuition to all students who […]
23 hours ago
FILE - Actor Kevin Spacey arrives at the Old Bailey in London on July 14, 2022. Spacey heads to cou...
Associated Press

Kevin Spacey faces civil trial on sexual assault claims

NEW YORK (AP) — Kevin Spacey heads to court Thursday to defend himself in a lawsuit filed by Anthony Rapp, the actor who in 2017 made the first in a string of sexual misconduct allegations that left the “House of Cards” star’s theater and filmmaking career in tatters. The trial, expected to last less than […]
23 hours ago
Infowars founder Alex Jones appears in court to testify during the Sandy Hook defamation damages tr...
Associated Press

Closing arguments set in Alex Jones’ Sandy Hook trial

WATERBURY, Conn. (AP) — A Connecticut jury is expected to hear closing arguments Thursday in a trial to determine how much Infowars host Alex Jones should pay for persuading his audience that the 2012 shooting at Sandy Hook Elementary School was a hoax perpetrated to impose more gun control laws. The six-person jury could begin […]
23 hours ago
A worker wearing a protective suit administers a COVID-19 test at a coronavirus testing site in Bei...
Associated Press

China’s vast Xinjiang hit with COVID-19 travel restrictions

BEIJING (AP) — Sprawling Xinjiang is the latest Chinese region to be hit with sweeping COVID-19 travel restrictions, as China further ratchets up control measures ahead of a key Communist Party congress later this month. Trains and buses in and out of the region of 22 million people have been suspended, and passenger numbers on […]
23 hours ago

Sponsored Articles

...
Quantum Fiber

How high-speed fiber internet can improve everyday life

Quantum Fiber supplies unlimited data with speeds up to 940 mbps, enough to share 4K videos with coworkers 20 times faster than a cable.
...
Dr. Richard Carmona

Great news: Children under 5 can now get COVID-19 vaccine

After more than two years of battle with an invisible killer, we can now vaccinate the youngest among us against COVID-19. This is great news.
(Courtesy Condor)...
Condor Airlines

Condor Airlines shows passion for destinations from Sky Harbor with new-look aircraft

Condor Airlines brings passion to each flight and connects people to their dream destinations throughout the world.
Micron to invest $15 billion on memory chip plant in Boise