Micron to Commence Construction on $100 Billion New York Semiconductor Megafab

Micron to Commence Construction on $100 Billion New York Semiconductor Megafab January 9, 2026 In a significant move to bolster domestic semiconductor production, memory chip giant Micron Technology is set to break ground next week on its planned $100 billion megafab campus in Clay, New York. The project, representing the largest private investment in New York state history, is a cornerstone of U.S. efforts to regain leadership in advanced chip manufacturing, a sector deemed critical for national security and economic competitiveness, especially in the era of artificial intelligence. The official groundbreaking ceremony for the four-fab campus in Onondaga County is scheduled for January 16. Micron executives, including President and CEO Sanjay Mehrotra, will be joined by federal officials from the Trump administration, members of Congress, and New York state and local leaders. According to the company's timeline, the first fabrication plant (Fab 1) is expected to be equipment-ready by the second quarter of 2028, with operations commencing in early 2029. Subsequent phases will see Fabs 2, 3, and 4 become operational by late 2030, 2035, and 2041, respectively. Upon full completion in the third quarter of 2041, the campus is slated to become the largest semiconductor manufacturing facility in the United States. In a statement, CEO Sanjay Mehrotra called the event "a pivotal moment for Micron and the United States," thanking government partners for their support. "As the global economy enters the AI era, leadership in advanced semiconductors will be the cornerstone of innovation and economic prosperity," Mehrotra said. "Our investments and progress solidify our position as the only United States manufacturer of memory." The project is central to Micron's revised U.S. investment strategy, which was increased to $200 billion in June 2025 to support not only the New York megafab but also a second fab in Boise, Idaho, and an expansion in Manassas, Virginia. The development is heavily supported by federal incentives under the CHIPS and Science Act. Micron has been awarded approximately $6.44 billion in direct funding from the U.S. Department of Commerce for its New York and Idaho projects. This funding followed the company's commitment to invest approximately $100 billion in New York and $25 billion in Idaho, promising to create around 20,000 jobs. The strategic shift comes as Micron recently announced its exit from the consumer memory market to focus squarely on high-demand AI and data center customers, underscoring the fab's role in supplying the next generation of computing infrastructure. Source: datacenterdynamics