Micron plan Governor Glenn Youngkin said he would invest $2.17 billion to expand his semiconductor factory in Manassas, Virginia, creating 340 jobs and increasing its U.S. semiconductor production capacity. The project will upgrade the facility to produce specialized DRAM memory for industrial, automotive, aerospace and defense applications.
Earlier this month, Micron announced it had received $275 million in federal funding under the Chip and Science Act to upgrade its long-life DRAM fab in Manassas, Virginia, and move DRAM production for the automotive industry from Taiwan. Transfer to the United States. At that time, the company explain The company’s Virginia facility employs 1,230 people, and the expansion will create 950 construction jobs and more than 400 manufacturing jobs.
Micron can also receive up to $70 million in special funding approved by the MEI Council. The funding is contingent on the company investing more than $2.1 billion and creating 340 new jobs, and is subject to final approval by the Virginia General Assembly.
Micron has not yet mentioned how it plans to upgrade the factory or how much additional manufacturing capacity it will add to the production facility. Typically, long-life DRAM for industrial, automotive, aerospace, and defense applications is produced in relatively small quantities, so dedicated memory facilities are not large. Since the specialty DRAM is not manufactured using cutting-edge process technology, Micron Technology does not need to purchase ultra-expensive EUV lithography tools for the wafer fab. However, for only $275 million, it can buy a large number of DUV lithography systems for $30 million to $50 million.
Senators Mark Warner and Tim Kaine praised the CHIPS Act for promoting this investment and highlighting its importance to the nation. Safetyeconomic competitiveness and strengthening domestic supply chains. Both men emphasized the critical role of chip manufacturing in ensuring America’s technological future.
“As the only U.S.-based memory manufacturer, Micron is uniquely positioned to bring state-of-the-art memory manufacturing to the United States,” said Micron President and CEO Sanjay Mehrotra. thereby strengthening the country’s technological leadership and promoting advanced innovation.[…]Micron thanks Governor Glenn Youngkin and the General Assembly for their continued support as we work to produce long-life DRAM products in Virginia to meet the future memory needs of U.S. defense, aerospace, automotive and industrial customers.