{"id":13779,"date":"2022-09-02T14:54:13","date_gmt":"2022-09-02T14:54:13","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/09\/02\/micron-launches-15-billion-idaho-project-amid-federal-push-for-us-tech-manufacturing\/"},"modified":"2022-09-02T14:54:14","modified_gmt":"2022-09-02T14:54:14","slug":"micron-launches-15-billion-idaho-project-amid-federal-push-for-us-tech-manufacturing","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/09\/02\/micron-launches-15-billion-idaho-project-amid-federal-push-for-us-tech-manufacturing\/","title":{"rendered":"Micron launches $15 billion Idaho project amid federal push for US tech manufacturing"},"content":{"rendered":"<p>Source: <a href=\"https:\/\/www.theverge.com\/2022\/9\/1\/23332930\/micron-idaho-manufacturing-chips-act-biden-white-house\">https:\/\/www.theverge.com\/2022\/9\/1\/23332930\/micron-idaho-manufacturing-chips-act-biden-white-house<\/a><br \/>\n<code><br \/><\/br><\/code><\/p>\n<div readability=\"101.35443823712\">\n<p id=\"5d3t0f\">On Thursday, Micron announced that it would invest $15 billion to build a new semiconductor plant in Idaho \u2014 just weeks after Congress passed $52 billion in new money to boost domestic chip manufacturing. <\/p>\n<p id=\"yw5Kuu\">Micron\u2019s announcement is just the latest in a series of multi-billion-dollar plans to jump on the Biden administration\u2019s recently approved CHIPS and Science Act. Last month, Micron said it would use the act\u2019s new subsidies <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-08-09\/micron-to-invest-40-billion-by-2030-to-build-us-memory-plants?sref=ExbtjcSG\">to invest $40 billion into US-based memory fabs<\/a>, or fabrication plants, by 2030, creating an estimated 40,000 new jobs. The new Boise plant is expected to create 17,000 new jobs, including 2,000 Micron jobs, over the next eight years. <\/p>\n<div class=\"c-float-right\">\n<aside id=\"tmMDPi\"><q>\u201cIn our future, we will make EVs, chips, fiber optics, and other critical components here in America\u201d<\/q><\/aside>\n<\/div>\n<p id=\"5Xij6Y\"><a href=\"https:\/\/finance.yahoo.com\/news\/micron-invest-15-billion-idaho-130000031.html\">In a Thursday statement<\/a>, Micron CEO Sanjay Mehrotra thanked the Biden administration for finishing the bipartisan chips legislation. \u201cOur new leading-edge memory manufacturing fab will fuel US technology leadership, ensuring a reliable domestic supply of semiconductors that is critical to economic and national security,\u201d Mehrotra said. <\/p>\n<p id=\"aNw3yW\">President Joe Biden celebrated Micron\u2019s latest investment in a statement on Thursday, calling it \u201canother big win for America.\u201d <\/p>\n<p id=\"t1r8Cq\">But up until last month, it wasn\u2019t clear whether the CHIPS and Science Act would make it across the finish line this year. As it stalled in Congress, Intel delayed a groundbreaking ceremony for a new $20 billion Ohio chip plant and even went as far as pitching the Biden administration on overtaking an abandoned Chinese plant instead of waiting for the funding\u2019s approval. These pitches frightened lawmakers, <a href=\"https:\/\/www.nytimes.com\/2022\/08\/03\/business\/economy\/chip-industry-congress.html\">according to <em>The New York Times<\/em><\/a>, and pushed them to more swiftly approve the bill. <\/p>\n<p id=\"nY907u\">Shortly after Biden signed the bill into law, <a href=\"https:\/\/www.dispatch.com\/story\/business\/2022\/08\/15\/president-bidenvisit-ohio-groundbreaking-intel-project\/65404811007\/\"><em>The Columbus Dispatch <\/em>reported<\/a> that the president would attend a new groundbreaking for Intel\u2019s plant this month. The company claims that it would be the \u201clargest silicon manufacturing location on the planet\u201d and would require 7,000 workers to build.<\/p>\n<p id=\"TYcM2W\">Last week, <a href=\"https:\/\/www.theverge.com\/2022\/8\/25\/23321723\/chips-and-science-act-semiconductor-chip-shortage-joe-biden-white-house\">Biden signed an executive order<\/a> to start rolling out the billions in subsidies to manufacturers like Micron and Intel. Biden\u2019s order established a new interagency council to oversee the rollout, but it\u2019s unclear when the Commerce Department will officially make the new funding available. <\/p>\n<p id=\"6iN41g\">Through Biden administration priorities like the CHIPs funding and the bipartisan infrastructure law, the federal government has invested billions into creating domestic tech and manufacturing jobs. <\/p>\n<p id=\"u1lOUC\">\u201cJust this week, we\u2019ve seen First Solar, Toyota, Honda, and Corning make major announcements of new investments and new jobs as a direct result of my economic plan,\u201d Biden said on Thursday. \u201cIn our future, we will make EVs, chips, fiber optics, and other critical components here in America, and we will have an economy built from the bottom up and middle out.\u201d<\/p>\n<p id=\"CdFf99\">In April, Energy Secretary Jennifer Granholm made <a href=\"https:\/\/apnews.com\/article\/biden-technology-business-china-environment-cbfb3d94b5eb9fcd411463f2126846b6\">$3.1 billion in funding available<\/a> to US companies to build and recycle lithium-ion batteries to help boost EV adoption. Earlier this week, an energy startup called <a href=\"https:\/\/apnews.com\/article\/technology-west-virginia-climate-and-environment-a8a5ae2cc374e87771664a95397ddc91\">Sparkz announced plans to build<\/a> a new battery factory in northern West Virginia. <\/p>\n<\/div>\n<p><code><br \/><\/br><\/code><\/p>\n<p>Source: <a href=\"https:\/\/www.theverge.com\/2022\/9\/1\/23332930\/micron-idaho-manufacturing-chips-act-biden-white-house\">https:\/\/www.theverge.com\/2022\/9\/1\/23332930\/micron-idaho-manufacturing-chips-act-biden-white-house<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: On Thursday, Micron announced that it would invest $15 billion to build a new semiconductor plant in Idaho \u2014 just weeks after Congress passed $52 billion in new money to boost domestic chip manufacturing. Micron\u2019s announcement is just the latest in a series of multi-billion-dollar plans to jump on the Biden administration\u2019s recently approved [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13780,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"pagelayer_contact_templates":[],"_pagelayer_content":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[15,8],"tags":[16],"class_list":["post-13779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-policy","category-technology","tag-policy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Micron launches $15 billion Idaho project amid federal push for US tech manufacturing - Science and Nerds<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/scienceandnerds.com\/2022\/09\/02\/micron-launches-15-billion-idaho-project-amid-federal-push-for-us-tech-manufacturing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Micron launches $15 billion Idaho project amid federal push for US tech manufacturing - Science and Nerds\" \/>\n<meta property=\"og:description\" content=\"Source: On Thursday, Micron announced that it would invest $15 billion to build a new semiconductor plant in Idaho \u2014 just weeks after Congress passed $52 billion in new money to boost domestic chip manufacturing. 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