And by kinda, Idaho fab giant means absolutely 'necessary' for the plants it already announced
to boost the semiconductor industry, and which includes $39 billion of manufacturing of manufacturing incentives for US and foreign companies that build chip factories on American soil.its intention to build a $15 billion memory fab at its Boise, Idaho, headquarters. The state of Idaho offered unspecified incentives to support the project.a month later by news of a DRAM fab project bound for Clay, New York with an even loftier price tag of $100 billion.
The facility, to be built over the next 20-plus years, will eventually create four cleanrooms covering a total of 2.4 million square feet, the chipmaker claimed. However, the first phase of the project, expected to be completed over the next decade, has a more modest $20 billion budget. The state of New York offered $5.5 billion in incentives to help things along.
When it announced the two fabs, Micron “anticipated” CHIPS Act funding would contribute to its costs, in addition to other incentives. Now it’s officially applied for those federal funds. Micron is far from alone in having done so. Earlier this month the US Commerce Department, which oversees the CHIPS Act funds,Meanwhile, large chipmakers have already broken ground on fab sites across the US. Intel is working on projects collectively valued at $50 billion in Arizona and Ohio. Also in Arizona, TSMC is building fabs with a combined $40 billion price tag.
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