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Michelle Lawson

Micron plans $100B computer chip factory in New York

Micron Technology announced plans Tuesday to invest up to $100 billion over the next few decades to build a massive semiconductor factory in central New York state, saying the “megafab” will be the largest computer chip fabrication facility in the U.S.

The world’s fourth-largest semiconductor maker said in a press release that it will break ground on the new project in Clay, New York, near Syracuse, starting next year. The Boise, Idaho-based company expects to spend $20 billion by the end of this decade in the initial phase of development. Micron said upon completion, the site could be as large as 40 U.S. football fields and will amount to the largest private investment in New York state history.

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