Micron delays construction at $100B New York megafab

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Dive Temporary:

• Tech firm Micron pushed again development at its $100 billion Clay, New York, semiconductor megafab plant by two to 3 years, in line with the mission’s remaining environmental impression report. 
• The up to date timeline now marks the opening of the primary facility to return in 2030, as an alternative of 2028, and adjusts milestones for subsequent fabs in phases by 2041, in line with the report.
• “Based mostly on development timelines expertise throughout the semiconductor trade for greenfield fabs in america, Micron has up to date our projected operational milestones,” the corporate mentioned in a press release to NewsChannel 9 WSYR Syracuse. “We’re well-positioned to proceed with confidence.”

Dive Perception:

The information is a big improvement for one of many largest energetic semiconductor development efforts within the U.S. 

The tech firm awarded Rhode Island-based builder Gilbane a preconstruction contract in August to arrange the bottom for the $100 billion semiconductor fabrication advanced. The work marked the primary section of improvement on the White Pine Commerce Park website in Clay.

Neither Micron nor Gilbane responded to questions concerning the delay. Website prep work remains to be slated to start this yr, in line with the doc.

However Micron now expects the primary Clay fab to return on-line within the third quarter of 2030, with buildout of all 4 services stretching into 2041, in line with the ultimate environmental impression report. 

Onondaga County Government Ryan McMahon attributed the delay to longer construction cycles and labor shortages, in line with tech information outlet Tom’s {Hardware}.

Development of the primary fab, beforehand slated to start earlier than the tip of the yr, will now begin within the second quarter of 2026, in line with a desk within the doc detailing the revised schedule. 

Development of fab 2 will now start within the fourth quarter of 2030 and finish within the fourth quarter of 2033. Micron initially anticipated Fab 2 development to start out 2028 and finish in 2030, in line with the report.

These delays will have an effect on the initiation of Fab 3 and Fab 4 as nicely. Development on the Fab 3 mission will begin within the third quarter of 2035, about two years later than anticipated, whereas Fab 4 development exercise will likely be delayed by one calendar quarter, in line with the corporate.

Regardless of the pullback in New York, Micron is accelerating development on its plant in Boise, Idaho. 

The tech firm redirected about $1.2 billion in federal assist from New York to its ID2 fab in Boise, Idaho, in line with Tom’s {Hardware}.

The Division of Commerce introduced in December 2024 remaining direct funding awards of as much as $6.165 billion below the CHIPS Incentives Program to support Micron’s megaprojects, in line with the ultimate environmental impression report.