Statement from Vice President Kamala Harris on CHIPS and Science Act Investments in Micron Technology

The spirit of innovation is central to who we are as Americans. America invented the semiconductor, the building blocks of the technology of today and tomorrow. Through our CHIPS and Science Act, President Biden and I have made the historic investments necessary to ensure semiconductor manufacturing returns to and remains here in America. Today, thanks to our historic legislation, the Department of Commerce has finalized one of its largest awards to date with Micron Technology, the only U.S. based manufacturer of memory chips. This more than $6.1 billion investment in Clay, NY and Boise, ID supports the construction of several state-of-the-art memory chips facilities as part of Micron’s total $125 billion investment over the next few decades, creating at least 20,000 jobs by the end of the decade. These investments will help the U.S. grow its share of advanced memory manufacturing from nearly 0% today to 10% over the next decade.I am also proud to say that Micron is building these facilities by utilizing project labor agreements and registered apprenticeship programs, which will further strengthen local economies, support workers, and ensure the construction is completed on time and within budget. Additionally, the Department of Commerce announced that it agreed to preliminary terms with Micron for an additional $275 million investment to expand Micron’s Manassas, VA facility and onshore a critical technology relied upon by our defense industry, automotive sector, and national security community. Our administration knows these landmark announcements are more than investments; they are catalysts for sustained economic growth. When President Biden and I took office, supply chain disruptions led to chips and semiconductor shortages. That is why we worked with Republicans, Democrats, and Independents in Congress to pass legislation to make these unprecedented investments that are creating opportunity in red and blue states alike. At the same time, our work has bolstered our national and economic security by promoting the domestic creation of the chips that are responsible for powering nearly every device Americans rely on - from smartphones and vehicles to advanced defense systems and artificial intelligence data centers. This work will make a lasting difference for decades to come and proves that in the competition for the 21st century, we can invest in American industries and American workers at the same time. The post Statement from Vice President Kamala Harris on CHIPS and Science Act Investments in Micron Technology appeared first on The White House.