Sanjay Mehrotra, CEO, Micron
Scott Mlyn | CNBC
Micron stated it is going to create as much as 40,000 jobs within the U.S., together with 5,000 extremely paid technical and operational roles. The corporate stated the extra capability will deliver the U.S. marketplace proportion of reminiscence chip manufacturing from 2% to ten%. Micron expects to start manufacturing in the second one part of the last decade.
The particular plans for the funding will are available weeks, Micron added.
The CHIPS and Science Act goals to revitalize home chip production and spice up U.S. competitiveness with China. The U.S. produces about 10% of the sector’s provide of semiconductors, however another way depends on East Asia for 75% of the worldwide manufacturing.
The CHIPS Act additionally spurred
Source Link: https://www.cnbc.com/2022/08/09/micron-to-invest-40-billion-in-us-chip-manufacturing.html