Micron To Build The World’s Largest Semiconductor Facility In The US | The Project Aims To Tackle The Global Chip Shortage.

TL;DR

Micron to build the world’s largest semiconductor facility in the USChipmaker Micron Technology revealed on Tuesday ambitious plans to develop a $100-billion computer chip factory complex in upstate New York, in a bid to boost domestic chip manufacturing and possibly deal with a worrying chips shortage.Currently, the largest semiconductor manufacturers in the world are: Intel Corp., Samsung, Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC), SK Hynix, Micron Technology Inc., Qualcomm, Broadcom Inc., and Nvidia.The chip shortage first became apparent in 2020, when many chip-making factories, called foundries, closed due to the COVID-19 virus.Samsung, the world’s second largest chip producer, told the BBC in August of 2021 that it might have to skip the launch of its next Galaxy Note smartphone.The development has since seen chip deals pop up such as a partnership between Intel Corp and Canada's Brookfield Asset Management to jointly fund up to $30 billion for chip factories in Arizona that was signed just a month after the act came into effect."

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