Micron to build new memory fab in Boise, Idaho [Video]

BOISE, Idaho — Micron will build a new fab in Idaho. The Boise-based semiconductor company made the announcement Thursday morning, 23 days after President Biden signed into law the CHIPS and Science Act that will provide incentives for semiconductor manufacturing in the U.S. — legislation Micron has said was needed for the company to expand in this country rather than Asia.

In a news release issued Thursday morning, Micron says it plans to invest about $15 billion through the end of the decade to build a new fab for “leading-edge memory manufacturing” in Boise. It will be the first new memory-manufacturing fab built in the U.S. in 20 years and, the company said, will ensure a domestic supply of advanced memory chips required for …