With $100 billion in facility-specific investment and 9,000 permanent operating jobs announced, this project clears both of AFT's qualifying thresholds ($100 million in facility-specific investment OR 100 permanent operating jobs). This project also meets AFT's primary-source verification and physical U.S. manufacturing-footprint requirements.
View full methodology →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.
At a glance
- Company
- Micron
- Industry
- Semiconductors
- Location
- Clay, New York
- Investment
- $100.00B
- Permanent jobs announced
- 9,000
- Status
- Under Construction
- Announced
- Oct 4, 2022
- Expected opening
- 2030
- Added to tracker
- Apr 15, 2025
Official references
- Micron's $100 billion Clay megafab announcement and 9,000 direct-job plan https://investors.micron.com/news-releases/news-release-details/micron-announces-historic-investment-100-billion-build-megafab
- Micron's January 2026 Clay megafab groundbreaking https://investors.micron.com/news/press-release/2026/Micron-Celebrates-Official-Groundbreaking-at-New-York-Megafab-Site-01-16-2026/default.aspx
- Micron's July 2026 first-concrete-pour construction milestone https://investors.micron.com/news/press-release/2026/Micron-Accelerates-U-S--Investments-Pours-First-Concrete-at-New-York-Fab/default.aspx
- NIST CHIPS Clay location page https://www.nist.gov/chips/micron-new-york-clay