Micron Technology, a renowned memory manufacturer, is set to invest $75 million over the next decade in the Idaho community and workforce development. This investment is part of the company's $15 billion budget focused on the construction of a semiconductor fabrication plant in the state.
Creating Opportunities and Supporting Growth
The primary objective behind Micron's investment is to foster a diverse and highly skilled workforce that will serve as the backbone for the memory fab plant. The project, expected to generate over 2,000 direct jobs and more than 17,000 jobs in total, aims to provide substantial economic opportunities to the region.
A Strategic Move
The semiconductor fabrication plant will be located alongside Micron's research and development epicenter in its hometown of Boise. It is worth noting that Boise team members contribute significantly to Micron's patents, with close to two-thirds of the company's patents originating from this talented group.
According to the company, the co-location of the cutting-edge memory manufacturing fab will bring multiple strategic benefits to both Micron and the U.S. semiconductor industry as a whole. This move further strengthens Micron's commitment to driving industry leadership.