Micron Has Pledged To Invest Up To 100 Billion To Establish A Gigantic Fab Unit In New York State
Micron (NASDAQ:MU) just took a major step to significantly elevate its US-based chip fabrication footprint by announcing a mammoth-sized investment in the New York state over the next two decades in what is increasingly mothballing into a production onshoring trend across the wider chip manufacturing sphere. As per the reporting by New York Times, Micron has now pledged to spend up to $100 billion over the next 20 years or so to establish a gigantic memory chip fabrication unit in upstate New York....