Micron plans to invest up to $100 billion over the next 20 years to construct a 1,400-acre campus in Clay NY for four fabs, with $20 billion planned by 2030. Micron plans to start building next year, with two of the four planned 600,000-square-foot fabrication units open by 2029. The project includes constructing a childcare and health care center, a connection to the National Grid substation, and a rail spur. Two more fabs will be operational by 2041.

The U.S. Army Corps of Engineers is conducting an environmental review of Micron’s plans. A March 19 meeting on the environmental review is planned. The review will take at least a few months, beginning with 30 days for public input. A draft environmental impact statement will be available for public comment for 45 days before it can be finalized.

The company has applied for funding under the Commerce Department’s $39 billion “Chips and Science” semiconductor subsidy program. The Commerce Department has announced $1.7 billion in planned subsidies from the program, including $1.5 billion to GlobalFoundries.


Credit: Reuters & David Shepardson