Giant $20bn Micron chip factory slated for NY

In what is being hailed as a major boost for domestic chip production and the US economy, the new ‘megafab’ will see up to $100bn of investment from Micron over the coming decades, with $20bn assigned for the first phase of development. The company says the megfab will be the cornerstone of its strategy to ramp up domestic production of Micron’s DRAM (dynamic random access memory) chips to 40 per cent of its global output within the next 10 years.

Micron also claims the facility will support 50,000 jobs across the state of New York, with around 9,000 of those being high-paid jobs with the company itself. Onondaga County, where the megfab will be located, has spent decades trying to attract a major manufacturing employer, accumulating around 1,300 acres over the years for the White Pine site that Micron will now develop.

“Micron will leverage the diverse, highly educated and skilled talent in New York as we look to build our workforce in the Empire State,” said Micron president and CEO Sanjay Mehrotra. “This historic leading-edge memory megafab in Central New York will deliver benefits beyond the semiconductor industry by strengthening US technology leadership as well as economic and national security, driving American innovation and competitiveness for decades to come.”