Micron CEO: Chips Act Passage Was Essential to NY Factory Investment

Micron is investing over $100 billion in upstate New York to establish a leading-edge memory manufacturing facility, creating 50,000 jobs over 20 years. The decision was influenced by New York's diverse talent pool, strong educational ecosystem, clean energy, and state incentives. The Chip and Science Act played a crucial role in leveling the playing field with Asia. Additionally, Elon Musk's renewed offer to buy Twitter was briefly mentioned.

How much is Micron planning to invest over the next 20 years?

What impact will Micron's investment have on job creation?

What are the reasons Micron chose to invest in New York?

What are the sustainability goals mentioned in relation to Micron's investment?

What role did the CHIPS and Science Act play in Micron's decision?