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Micron will invest 40,000 million in the manufacture of chips in the United States

Almost at the same time that Joe Biden, President of the United States, signed the approval of the CHIPS and Science Act, it was made public that the manufacturer of memory chips Micron has decided to invest 40,000 million of dollars in the chip manufacturing on US soil throughout the next decade. The investment will not be made by the company alone, since it will be supported by grants and credits from the CHIPS and Science Act.

From Micron they have highlighted that with this investment they will create up to 40,000 jobs in the United States. Of which 5,000 will be high-level technical positions, both in terms of knowledge and salary. In addition, according to the company, which is based in Boise, Idaho, the additional manufacturing capacity it will add as a result of the investment will increase the market share of memory chip production in the United States from 2% to 10%. %.

This is the percentage of memory production that the company, which is the only memory manufacturer with production capacity in the United States, plans to increase in a decade. Micron is engaged in the production of DRAM and NAND flash memory, which is used in system memory, SSD drives, memory cards, and embedded applications.

Of course, this rise will not happen overnight, since these investments are medium and long term. The facilities where not only Micron, but also other companies that decide to expand their chip production in the United States, have yet to begin construction, so in many cases they will not go into production until the middle or end of this decade. These dates are more or less the ones that Micron is considering, which hopes to start production in the second half of this decade.

For now there are no specific details on what this investment will be used for, although the company has confirmed that it will offer more information in the coming weeks. For now, only the gratitude of the CEO of the company, Sanjay Mehrotrafor the approval of the law, which he has described as «an important step toward strengthening America’s leadership for decades to come«.

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