Micron Technology plans to expand its semiconductor manufacturing in the United States. For this she
What is known
The plant will be located in Boise, Idaho.Micron Technology is ready to invest almost $15 billion in the production of memory chips. The money will be allocated over 10 years. The new factory will create 17,000 jobs in the country.
US President Joe Biden said thatMicron's solution is a victory for all of America. The head of the White House noted that the United States will create a self-sufficient broad-based economy. By the way, in the summer, Biden put his signature on a bill to allocate almost $ 53 billion in subsidies for research and production of semiconductors.
Returning to Micron, it is worth noting thatThe announcement of the new Idaho factory comes amid falling demand and a cut in revenue guidance for the final quarter of 2022. The company has not yet given any information about the capacity of the new plant. There is also no data on what products will be produced there.
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