Micron delays New York chipmaking fabs by five years, but accelerates second fab in Idaho and reallocates CHIPS Act funding

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Micron has disclosed another major postponement for its fabs near Clay, New York, which will pull out the facilities coming online only in late 2033, reports Syracuse, citing recently released documents from Micron. The delay, if true, marks a major struggle for a major semiconductor production cluster that was once set to start production in 2025 in the state of New York. But while the company delays its fabs near Clay, it is accelerating its Idaho fabs and reallocating CHIPS Act funding to that…



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Micron delays New York chipmaking fabs by five years, but accelerates second fab in Idaho and reallocates CHIPS Act funding


Micron has disclosed another major postponement for its fabs near Clay, New York, which will pull out the facilities coming online only in late 2033, reports Syracuse, citing recently released documents from Micron. The delay, if true, marks a major struggle for a major semiconductor production cluster that was once set to start production in 2025 in the state of New York. But while the company delays its fabs near Clay, it is accelerating its Idaho fabs and reallocating CHIPS Act funding to that…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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