Semiconductor giant Micron to invest $15 bn in Idaho

Semiconductor giant Micron announced Thursday it will invest $15 billion over the next decade to expand its operations in the US state of Idaho to build memory capacity for automotive and other sectors.

The plan, part of a Micron global investment strategy to invest $150 billion, will create 17,000 new jobs, the Boise, Idaho-based company said.

The initiative, which Micron called the "largest private investment ever made in Idaho," follows a Micron pledge last month to spend $40 billion in "leading-edge memory manufacturing" in the United States.

The project will tap into state funds that are part of the $52 billion to promote production of microchips included in the Chips and Science Act, which President Joe Biden signed into law on August 9.

"Today's announcement by Micron is another big win for America," Biden said Thursday in a statement that also highlighted announcements in recent days from Toyota to ramp up the production of batteries for electric vehicles, as well as plans unveiled by First Solar, Honda and Corning.

"In our future, we will make (electric vehicles), chips, fiber optics and other critical components here in America, and we will have an economy built from the bottom up and middle out," Biden said.

Related Links
Computer Chip Architecture, Technology and Manufacture
Nano Technology News From SpaceMart.com

Tweet

Thanks for being there;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Monthly Supporter
$5+ Billed Monthly

paypal only

SpaceDaily Contributor
$5 Billed Once

credit card or paypal

A quantum pump without the crank
Zurich, Switzerland (SPX) Aug 30, 2022
Physicists at ETH Zurich demonstrate how atoms can be pumped through a synthetic crystal without having to apply external periodic driving. These experiments combine several key aspects of quantum many-body physics in unexpected ways, thus paving a novel path to understanding and creating exotic states of quantum matter. Pumps, in a nutshell, are devices that use cyclic motion to attain the steady transport of some cargo. In a bicycle pump, the repeated up and down strokes of a piston create air f ... read more