U.S. Finalizes $6.1 Billion Investment in Micron Technology for Semiconductor Manufacturing

GuruFocus.com12-11

The U.S. Department of Commerce has awarded $6.1 billion to Micron Technology (MU, Financials) to support the construction of memory chip manufacturing facilities in Clay, New York, and Boise, Idaho. ...

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By the end of the decade, the initiative will generate minimum 20,000 employment. The Commerce Department also revealed initial parameters for a $275 million investment meant to expand Micron's Manassas, Virginia, plant. This growth seeks to bring onshore important technology used in the national security, automotive, and military industries.Designed to lower U.S. reliance on foreign vendors and solve semiconductor supply chain weaknesses, the CHIPS and Science Act Project labor agreements a","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4141":"半导体产品","MU":"美光科技","LU1267930813.SGD":"FRANKLIN TEMPLETON SHARIAH GLOBAL EQUITY \"AS\" (SGD) ACC","LU2048586759.USD":"ALLIANZ SMART ENERGY \"AT\" (USD) ACC","BK4512":"苹果概念","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0157215616.USD":"FIDELITY GLOBAL FOCUS \"A\" INC","BK4588":"碎股","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU1366333091.USD":"FIDELITY GLOBAL FOCUS \"A\" (USD) ACC","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","BK4553":"喜马拉雅资本持仓","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0889566641.SGD":"FTSF - Templeton Shariah Global Equity A Acc SGD","BK4585":"ETF&股票定投概念","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0792757196.USD":"TEMPLETON SHARIAH GLOBAL EQUITY FUND \"A\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4575":"芯片概念","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","BK4566":"资本集团","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0082616367.USD":"摩根大通美国科技A（dist）","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","BK4527":"明星科技股","BK4579":"人工智能","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC"},"translate_title":"美国敲定61亿美元投资美光科技用于半导体制造","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MU":1},"content_text":"The U.S. Department of Commerce has awarded $6.1 billion to Micron Technology (MU, Financials) to support the construction of memory chip manufacturing facilities in Clay, New York, and Boise, Idaho. \n\nWarning! GuruFocus has detected 3 Warning Sign with MU.\n\nOne of the biggest under the CHIPS and Science Act, this investment fits Micron's $125 billion long-term strategy to boost semiconductor output in the United States.\nBy 2034 the project is intended to raise the U.S. share of advanced memory manufacture from almost 0% to 10%. By the end of the decade, the initiative will generate minimum 20,000 employment. The Commerce Department also revealed initial parameters for a $275 million investment meant to expand Micron's Manassas, Virginia, plant. This growth seeks to bring onshore important technology used in the national security, automotive, and military industries.\nDesigned to lower U.S. reliance on foreign vendors and solve semiconductor supply chain weaknesses, the CHIPS and Science Act Project labor agreements and registered apprenticeship programs are intended to be used to finish Micron's projects thereby guaranteeing cost effectiveness and economic advantages for surrounding local areas.\nMicron's new initiatives complement the larger aim of the act, which allocates $52 billion to encourage domestic semiconductor manufacture, solves supply chain problems, and improve U.S. competitiveness in key technologies. The corporation has not yet revealed schedules for the opening of these buildings.This article first appeared on \nGuruFocus.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490043735"}