100 billion dollars! Micron officially announced the new plan of the wafer factory

This September, Micron broke ground on a $15 billion factory in Boise, Idaho, and said it would announce another new American factory soon. Recently, Micron officially announced this new investment plan.

On October 4th, Micron Technology announced on its official website that it planned to build a giant wafer factory in central New York State to promote the production of memory chips.

The statement said that in the next 20 years, Micron plans to invest as much as 100 billion dollars in the factory, which can create about 50,000 jobs for the local people. During the project cycle, New York State will also provide the factory with a capital incentive of 5.5 billion dollars to support factory recruitment and capital investment.

Micron will invest $20 billion in the first phase of the project to build a giant factory in Clay Town. Site preparation will start in 2023, construction will start in 2024, and mass production will be achieved in 2025. It will gradually increase production from 2026 to 2030 according to industry demand.

The statement pointed out that the factory may eventually contain four 600,000 square feet of clean rooms – semiconductor industry production plant, with a total area of 2.4 million square feet, which is close to the size of 40 football fields, making it the largest semiconductor industry in the history of the United States.

Micron disclosed that the New York factory will adopt the most advanced semiconductor manufacturing processes and tools, including extreme ultraviolet (EUV) lithography technology, to consolidate the company’s leading position in the DRAM industry.