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Micron's total megafab investment by 2025
5
Resolution / Starting Odds
Less than $40 billion • 33%
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Micron's financial disclosures and verified news sources
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Micron to Receive $13B in US Aid for Chip Megafab in NY, Idaho
Apr 25, 2024, 09:05 AM
Micron Technology is set to receive significant financial support from the U.S. government, totaling up to $13 billion, to expand its chipmaking capacity. This includes grants of $6.1 billion and potential loans up to $7.5 billion. The funding, part of the CHIPS Act, aims to facilitate Micron's ambitious plan to invest up to $125 billion over the next 20 years in constructing three new chip-making facilities, known as a 'megafab', in New York and Idaho.
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Below $10 billion • 33%
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