Why it matters
The semiconductors context.
Semiconductor fabrication plants, known as fabs, rank among the most capital-intensive industrial facilities ever built—often requiring $10–$30 billion and several years from groundbreaking to initial production. The CHIPS and Science Act of 2022 accelerated a U.S. construction cycle spanning advanced chip fabrication, legacy-node production, semiconductor equipment, packaging, and critical materials. These projects create long-term manufacturing footprints while attracting suppliers, infrastructure investment, and specialized technical work.
Project record
At a glance
- Company
- Micron
- Industry
- Semiconductors
- Location
- Clay, New York
- Investment
- $100.00B
- Permanent jobs announced
- 9,000
- Status
- Planning
- Announced
- Oct 4, 2022
- Expected opening
- Jan 1, 2028
- Added to tracker
- Apr 15, 2025
Sources
Official references
- Primary source https://investors.micron.com/news-releases/news-release-details/micron-announces-historic-investment-100-billion-build-megafab
Related
Other projects to know
In New York
Across Semiconductors
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