Micron Commits $15 Billion for New Boise Idaho NAND Factory
Micron Memory, a leader in worldwide supply of semiconductors, committed 15 billion dollars for the new construction of a manufacturing plant in Boise Idaho.
This new plant will be the first built in over 20 years inside the United States. In addition, it will become the only operational manufacturing facility within the United States. The 15 billion dollar investment by Micron will span the next ten years with investments inside of Boise and in other states as well.
This is the first of several planned US investments by Micron following the passage of the CHIPS and Science Act. This is the largest private investment ever made in Idaho. The new manufacturing fabrication facility will be a co-location with Micron’s Research and Development (R&D) center. Being this close to the company’s headquarters will improve operational efficiency, accelerate technology deployment, and shorten time to market.
The CHIPS and Science Act is a federal law in the United States that was passed by the 117th United States Congress and signed into law by President Joe Biden on August 9, 2022. The act includes billions of dollars in new funding to boost domestic semiconductor research and manufacturing in the United States. The law is divided into three sections, each with its own short title:
- Division A is the CHIPS Act of 2022
- Division B is the Research and Development, Competition, and Innovation Act
- Division C is the Supreme Court Security Funding Act of 2022.
This endeavor will generate an estimated 17,000 new American jobs in which 2,000 will be Micron direct hires. To support Micron’s growing employee population, the company plans to open a world-class childcare facility operated by our local partners at the Treasure Valley Family YMCA across from Micron’s corporate headquarters. The center will provide STEM-based programming and easy access for parents to interact with their children during the day, as well as ease the transition for those, particularly mothers, returning to the workforce.
Boise State University, which is located less than ten minutes from Micron’s headquarters, is ranked 131 in Engineering. The press release from Micron did not mention investments or support to improve the engineering school’s rank over course of the 15 billion dollar investment. The #1 engineering school in the United States continues to be MIT (Massachusetts Institute in Technology).