Micron Projects in New York and Idaho Set for $6.1B in Federal Funding

The U.S. Dept. of Commerce has offered Micron Technology Inc. $6.1 billion in direct funding from a CHIPS and Science Act program to support construction of three semiconductor fabrication plants, or fabs, officials announced April 25. One of the plants is already under construction.

Micron is expanding its research and development facility in Boise, Idaho, with construction of a neighboring high-volume manufacturing fab. It also plans to put some of the federal funding toward construction of the first two fabs at a site in Clay, N.Y. Each of the three fabs would have 600,000 sq ft of clean room space.

The projects are expected to involve 4,500 construction jobs each in New York and Idaho. The work is subject to project labor agreements.

Micron says construction of the Boise fab started in October and the plant is scheduled to begin operating next year. Exyte is the construction manager for that project. The New York fabs are still in design and permitting, according to the company. It aims to begin construction on the first fab there next year to start production in 2028.

As part of the nonbinding preliminary terms with Commerce Dept. officials, Micron committed to investing $50 billion in the projects over the next six years. The projects represent the larges