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Home / Business and Economy / Micron's $100B NY Chip Hub: 50,000 Jobs Ahead!

Micron's $100B NY Chip Hub: 50,000 Jobs Ahead!

16 Jan

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Summary

  • Micron is building a $100 billion memory manufacturing complex in New York.
  • The facility, the largest in the U.S., will start production in 2030.
  • This project is expected to create 50,000 jobs in New York State.
Micron's $100B NY Chip Hub: 50,000 Jobs Ahead!

Micron Technology has broken ground on a massive $100 billion memory manufacturing complex in Onondaga County, New York. This facility is poised to become the largest semiconductor manufacturing site in the United States, with production scheduled to commence in 2030.

The project, described as the largest private investment in New York state history, is expected to generate approximately 50,000 jobs. Micron's chairman and CEO, Sanjay Mehrotra, emphasized the site's role in meeting the escalating demands of AI systems and modern digital devices.

This ambitious undertaking is part of a broader $200 billion U.S. expansion plan by Micron, which includes additional facilities in Idaho, New York, and modernization efforts in Virginia, aiming to significantly boost domestic memory manufacturing.

This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
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Disclaimer:
Micron is constructing a $100 billion memory manufacturing complex in Onondaga County, New York.
The facility is expected to begin production in 2030.
Micron's project in New York is anticipated to create approximately 50,000 jobs.

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