Micron Technology to Invest $50 Billion in U.S. Memory Chip Manufacturing, Creating Tens of Thousands of Jobs

URLhttps://anysilicon.com/micron-technology-to-invest
Sourceanysilicon.com
Date Published10/01/2024

Additional Reshoring Information:

Company/Division name Micron Technology
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):37500
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2030
Domestically, the work will be done:In-house
Capital investment ($):25000
City reshored to:Boise
State(s) reshored to:ID
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductors, DRAM memory
What non-domestic negative factors made offshoring less attractive?Strained offshore relationships, Supply chain interruption
What domestic positive factors made reshoring more attractive?Government Incentives, Govt. Policy and subsidies, Skilled workforce availability/training
Government Incentive dollar amount:$6.1 billion CHIPS Act
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