Gaming PC

Micron Breaks Ground On $15 Billion Idaho Memory Chip Fab

Micron held a groundbreaking event for that New $15 billion memory fab in Boise, Idaho, which is exciting news for the American chip industry. The US government is encouraging tech companies to invest in domestic chip production through the CHIPS and Science Act, which was signed into law earlier last month.

Advanced chip fabs are flourishing in South Korea and Taiwan, but US manufacturing capacity growth has stalled due to cost concerns, thanks to companies like Samsung and TSMC (backed by local governments). However, Micron’s latest investment will be the first all-new memory manufacturing fab built in the United States in the last 20 years. According to Micron, only 2% of the memory available in the global market is produced domestically.

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