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in Tech

Micron to invest $40 billion in U.S. chip manufacturing

by Editor August 9, 2022, 3:38 pm 1.1k Views

Micron to invest $40 billion in U.S. chip manufacturing

Sanjay Mehrotra, CEO, Micron

Scott Mlyn | CNBC

Micron announced Tuesday it will invest $40 billion between now and 2030 to manufacture chips in the U.S. The investment is supported by grants and credits from the CHIPS and Science Act, a bipartisan bill that President Joe Biden signed into law Tuesday.

Micron said it will create up to 40,000 jobs in the U.S., including 5,000 highly paid technical and operational roles. The company said the…

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