Micron Technology Celebrates Start of Construction on New Memory Manufacturing Fab

Micron Technology, Inc., a leading semiconductor company and the only U.S.-based memory manufacturer, is set to mark the beginning of construction on the nation's first new memory manufacturing fab in two decades. The company will hold a ceremony at its Boise headquarters, coinciding with the 45th anniversary of its founding, with the participation of company executives, Idaho Governor Brad Little, Boise Mayor Lauren McLean, community partners, and team members.

Over a year ago, Micron announced its plans to invest around $15 billion by the end of the decade to build a new fab for cutting-edge memory manufacturing. The fab will be located in Boise, alongside the company's R&D center. Throughout the project's lifespan, Micron will inject $15.3 billion into the Idaho economy and spend $13.0 billion with local businesses. The project is expected to create over 17,000 new jobs in Idaho, including 2,000 direct jobs at Micron, which will contribute to the development of a diverse and highly skilled workforce. Boise is home to Micron's corporate headquarters, its expanded Technology Innovation Center of Excellence, and the only DRAM R&D fabrication facility in North America. The majority of Micron's patents are generated by its Boise team members, with an average of more than three patents per day. The co-location of the new fab is anticipated to bring strategic advantages to Micron and the U.S. semiconductor industry as a whole.

"We are laying the foundation for Micron's future and charting a path for revitalized U.S. high-tech manufacturing - just a year since we first broke ground here in Boise," said Micron President and CEO Sanjay Mehrotra. "As I reflect on the opportunity ahead, I value all of the incredible Micron team members, who over the last 45 years, have contributed to driving record-breaking innovations and making the Boise community the remarkable place that it is today. Our investments here and in New York will secure domestic memory production in the U.S., meeting the advanced applications of the future's demands for the vast amounts of memory required for fast and efficient data storage and processing."

In May 2023, Micron and its partners formalized the Idaho Community Investment Framework, which outlines shared priorities for inclusive growth across the state. As part of this framework, Micron plans to invest $75 million over the next decade in support of community and workforce development in Idaho. The State of Idaho and the City of Boise will also recognize efforts to bolster the success of new manufacturing in the state.

"On the 45th anniversary of this iconic Idaho company's founding, it's a pleasure to celebrate the start of construction on the largest private investment ever made in our state," said Governor Little. "Micron is building the foundation for its next decades here in Idaho - with its new fab and its $75 million commitment to the priorities formalized in the Community Investment Framework. Micron and the State of Idaho have a long-standing partnership, and I'm looking forward to our continued cooperation as we pursue a shared goal of further developing Idaho's motivated and capable workforce."

Micron is committed to providing accessible career opportunities in the semiconductor industry through effective workforce development solutions. The company's investment in Idaho's workforce has been instrumental in driving innovation and establishing Micron as a technology leader.

"Today's announcement of Micron's $75 million investment in support of the goals set out in the Community Investment Framework is just the latest example of Micron enhancing and elevating the incredible community we're proud to call home," said Mayor McLean. "In aiming to achieve 100% water reuse, recycling, and restoration, as well as using 100% renewable electricity at the new facility, Micron's leadership in keeping Boise a place where everyone can thrive shines through. The City of Boise and Micron have been long-standing partners, and we're excited for the next 45 years."

The cleanroom space in the new fab is expected to be operational in phases starting in 2025, with DRAM production increasing in the second half of the decade to meet industry demand. Once completed, the cleanroom space will span 600,000 square feet, equivalent to approximately 10 U.S. football fields, making it the largest single cleanroom ever built in the country.

Micron's investment plans in Idaho will be supported by grants and credits provided by the CHIPS and Science Act, enabling the company's construction projects in the U.S. to be cost-competitive globally. Micron submitted applications for its Idaho and New York projects to the U.S. Department of Commerce's CHIPS Program Office in August 2023.