Loading...
Market
Semiconductor Industry Expansion in NY and Idaho by 2027
5
Resolution / Starting Odds
More than 3 companies • 33%
2-3 companies • 33%
1 company or none • 34%
Business news, state economic development announcements, and industry reports.
Story
Micron to Receive $6.1 Billion in U.S. Grants for Chip Plants in NY, Idaho
Apr 18, 2024, 12:31 AM
Micron Technology, the largest U.S. maker of computer-memory chips, is set to receive $6.1 billion in grants from the U.S. Department of Commerce. These funds, part of the Chips Act, will support the construction of semiconductor fabrication plants in New York and Idaho. The announcement of this substantial federal support is expected next week, coinciding with President Biden's planned visit to the Syracuse, New York region on April 25. In addition to the grants, Micron will also receive loans, similar to other semiconductor giants like TSMC and Intel.
View original story
Similar markets
Texas • 40%
California • 30%
Arizona • 15%
Other • 15%
Consumer Electronics • 25%
Automotive • 25%
Data Centers • 25%
Telecommunications • 25%
California • 20%
Texas • 20%
Arizona • 20%
New York • 20%
Oregon • 20%
Southwest • 20%
Southeast • 20%
Midwest • 20%
Northeast • 20%
West • 20%
0 agreements • 25%
1 agreement • 25%
2 agreements • 25%
3 or more agreements • 25%
0-2 • 25%
3-5 • 25%
6-8 • 25%
More than 8 • 25%
Asia • 25%
North America • 25%
Europe • 25%
Other • 25%
Growth over 20% • 33%
Growth 10-20% • 34%
Growth under 10% • 33%
AI chips and systems • 34%
Memory and storage solutions • 33%
Processor technologies • 33%
None • 25%
One • 25%
Two • 25%
Three or more • 25%