Posted on 10/04/2022 3:17:15 PM PDT by Twotone
Boise-based Micron Technology announced today that they are spending big money, no considerable money east of the great river. Folks are wondering just how much money Micron will spend, considering they announced spending fifteen billion dollars to build a new Fab in Boise.
Just like in Boise, Micron leadership thanked the democrats for passing the CHIPs and Science Act. The legislation gave billions of dollars to encourage companies to bring back fabs and other technological facilities to America.
“I am grateful to President Biden and his Administration for making the CHIPS and Science Act a priority, to Senator Schumer and a bipartisan coalition in Congress for passing the legislation, and to Governor Hochul and County Executive McMahon for the local and state partnerships that made this investment possible. Micron will leverage the diverse, highly educated and skilled talent in New York as we look to build our workforce in the Empire State,” said Micron President and CEO Sanjay Mehrotra. “This historic leading-edge memory megafab in Central New York will deliver benefits beyond the semiconductor industry by strengthening U.S. technology leadership as well as economic and national security, driving American innovation and competitiveness for decades to come.”
How Much Is Micron Spending? Micron's New York investment makes the fifteen billion dollars for the Boise fab seem like chump change. The company says it will spend one hundred billion dollars on what they're calling the New York mega-fab.
As we've written before, Micron returning fabs to America is a good thing for our nation's future and national security. It's regrettable that the company needed the tax payer funds to make it happen.
(Excerpt) Read more at kidotalkradio.com ...
I guess it was as close as he could get to outsourcing it all to India.
LOL —> “It’s regrettable that the company needed the tax payer funds to make it happen.”
No kidding.
The more Fabs we have in the united states the happier i am.
Dont care how or who has made it happen
I agree. I’ll bet the tax breaks are nothing compared to the money we’ve sent out of the country courtesy of the free traitors.
I have no idea what a fab is
Micron is getting tax breaks for building a fab in New York. The custodians and cleaning staff will be New Yorkers. The engineers and mangers will imported Hindu Chimps.
What does this even mean?
Fabrication plant. They make chips.
Forget the politics, everyone else will in about three days. The main thing is returning fab capacity to Conus.
Perhaps many will leave Idaho to go there. We can hope, but they are cheap bastards.
Here a good vid that discusses the history of TSMC, the preeminent player in this space. Gets into strategic issues involving China, Taiwan, US.
Taiwan’s SECRET WEAPON against China - A History of TSMC
https://youtu.be/TNwnyA_N9ZM
Worth the 30m.
Is Micron still part of the Simplot empire?
And then they upped the taxes...
You have to wonder, why New York state?
Argueably one of the most Single party
politically Eff’ed up states in the USA!
I wish these companies would go back to supply line and
local talent issues as opposed to making all business decisions based on politics.
Maybe they’d make more more money for shareholders.
Gee, then maybe they should say that instead of using internal terminology
Why NY?
Perhaps they will compete with Corning for the Silica.
Don’t be surprised if Musk’s lightbulb lights up and voila...a Fab in Texas would make more sense.
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