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Micron’s New York chips project under US environmental review

Micron’s New York chips project under US environmental review

by Mose Hickle

Micron’s New York chips project under US environmental review

WASHINGTON :The U.S. Army Corps of Engineers is conducting an environmental evaluation of Micron’s plans for a producing mega campus to procure dynamic random-procure admission to memory chips in central Sleek York disclose, the agency talked about on Friday.

Micron intends to make investments up to $100 billion over the next 20-plus years to produce the 1,400-acre (570-hectare) campus in Clay, Sleek York, with $20 billion planned by 2030.

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The firm has applied for funding below the Commerce Division’s $39 billion “Chips and Science” semiconductor subsidy program, and an environmental evaluation is required if the project receives authorities funding, the agency talked about.

Micron plans to starting constructing subsequent twelve months, with two of the four planned 600,000-square-foot (56,000-square-meter) fabrication units open by 2029, in keeping with the filing.

The planned project involves organising a childcare and health care center, a connection to the Nationwide Grid substation and a rail spur, in keeping with the filing. Two more fabs can be operational by 2041, in keeping with the filing.

The Commerce Division declined to comment. Micron talked about the authorities ogle “is a essential step against preparations for constructing – a direction of that involves intensive environmental opinions outlined by federal legislation.”

A March 19 meeting on the environmental evaluation is planned.

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The evaluation will hold at least about a months, starting attach with a 30-day period for public enter on the scope. A draft environmental impact assertion shall be accessible for public comment for forty five days ahead of it might maybe maybe well also fair also be finalized.

Up to now the Commerce Division has announced $1.7 billion in planned subsidies from the program, at the side of $1.5 billion to GlobalFoundries to produce a semiconductor manufacturing facility in Malta, Sleek York and enhance operations there and in Burlington, Vermont.

The division in January announced a $162 million planned award to Microchip Abilities and $35 million to a BAE Methods facility in Sleek Hampshire in December.

Commerce Secretary Gina Raimondo talked about on Monday chip firms ought to clean request tremendously fewer subsidies than they sought, adding that the division is prioritizing initiatives that shall be operational by 2030.

The division plans to make investments $28 billion in fashionable chip manufacturing, however these firms enjoy requested more than $70 billion. Raimondo talked about the division is in bright negotiations with person firms.

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Source: Reuters

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