US EditionMicron delays New York chipmaking fabs by five years, but accelerates second fab in Idaho and reallocates CHIPS Act funding
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Micron has made an important announcement, postponing the construction of his new memory factory in New York to move all his investment to his Idaho plant. The reason is quite obvious, there is no memory of any kind, memory prices have doubled in the last six months, and there is talk of a shortage that would last for up to a decade if the demand continues. That’s why the company has decided to make an important move in an attempt to prioritize …
Micron Postpones New York Fab to 2030 and Shifts $1.2B to Idaho Plant
Micron has announced a significant revision to the schedule for its semiconductor campus near Clay, New York, with initial production now set to begin at the end of 2030. According to company filings and permit documents, the construction timeline for the first manufacturing facility has been extended from three years to four, and regulators have approved this adjusted schedule. Additionally, Micron has amended its $6.1 billion CHIPS Act agreeme…
Micron delays New York chipmaking fabs by five years, but accelerates second fab in Idaho and reallocates CHIPS Act funding
Micron has reportedly postponed its New York fab project near Clay by several more years: Fab 1 is not expected is now expected to be completed in 2030 and full campus build-out is now projected to be fully ramped in 2045. At the same time, the company reallocates CHIPS Act funding toward its Idaho fabs.
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