Micron to build $100 billion megafab in New York state

Micron to build $100 billion megafab in New York state

Business news |
By Peter Clarke

Memory chip maker Micron Technology Inc. (Boise, Idaho) has said it will spend $100 billion over the next 20-plus years to build a megafab in Clay, New York.

A $20 billion first phase of investment will be made by the end of the current decade, Micron said. The megafab is expected to eventually create 9,000 Micron jobs and an additional 41,000 jobs beyond Micron in New York state.

The site could eventually include four 600,000 square foot cleanrooms, for a total of 2.4 million square feet of cleanroom space – the size of approximately 40 U.S. football fields. In effect this is four wafer fabs sharing common infrastructure such as gas and liquid supplies.

Site preparation will start in 2023, construction will begin in 2024 and production output will ramp in the second half of the decade, Micron said.

The move is part of plan at Micron to increase the US proportion of its DRAM production to 40 percent.

Some $5.5 billion in incentives are set to come from the state of New York over the life of the project alongside anticipated federal grants and tax credits from the CHIPS and Science Act, Micron said. In addition, the Town of Clay and Onondaga County are providing infrastructure support for Micron’s semiconductor facility.

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