Sanjay Mehrotra, president and chief executive of Micron, based in Boise, Idaho, claimed that the $280 billion CHIPS and Science ACT of 2022
which was passed last month and is intended to increase American competitiveness against China and prevent another chip shortage like
the one that crippled the auto and tech sectors during the pandemic, was responsible for making his company's investment possible.
According to Mehrotra, "Our new state-of-the-art memory manufacturing facility
will drive U.S. technology leadership, maintaining a trustworthy domestic supply of semiconductors that is important to economic and national security."