Salem Radio Network News Thursday, October 6, 2022

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Micron to invest $15 billion on memory chip plant in Boise

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( ) -q-28- UNDATED (Correspondent Jeremy House) “computers to automobiles.”

Micron will invest $15 billion though the end of the decade on a new semiconductor plant in its hometown that the chipmaker said will create 17,000 American jobs.

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TAG: Correspondent Jeremy House reporting.

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VERBATIM: Sanjay Mehrotra, president and CEO of Boise, Idaho-based Micron, said his company’s investment was made possible by last month’s passage of the CHIPS and Science Act. The CHIPS bill sets aside $52 billion to bolster the semiconductor industry. Because of COVID-related supply chain constraints, the industry struggled to manufacture the diminutive chips that power everything from smartphones to computers to automobiles.

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