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Massive Computer Chip Factory Complex Coming to NY

A technician works at a semiconductor fabrication facility in Singapore.
Lauryn Ishak
/
Bloomberg via Getty Images
A technician works at a semiconductor fabrication facility in Singapore.

A massive semiconductor manufacturing operation will be coming to New York State.

The state is giving Micron five and half billion dollars in tax credits over the next couple decades to lure them to New York. Micron CEO Sanjay Mehrotra says the company will invest 100 billion dollars in that time frame to make a huge computer chip factory complex just north of Syracuse.

“This is the largest semi-conductor facility investment ever made in the United States right here in Central New York.”

Micron estimates it will be able to provide some 50 thousand jobs in the region in the years to come. Officials say the deal should make the U.S. less dependent on foreign computer chips.