# Micron receives $6 billion CHIPS award for New York chip factory

Micron was awarded $6 billion in federal funding under the CHIPS and Science Act to build an advanced memory chip factory in Syracuse, New York, with a total investment of over $100 billion.

- Type: Investment
- Announced: 2024-04-25
- Where: Syracuse, New York, United States
- Value: $6.00B
- Jobs: 50,000
- Status: announced
- Products: advanced memory chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Micron Technology](https://endata.com/companies/16026.md)

## Sources

- [democrats.senate.gov](https://www.democrats.senate.gov/newsroom/press-releases/transcript-majority-leader-schumer-remarks-celebrating-6-billion-awarded-to-micron-in-upstate-new-york-thanks-to-the-chips-and-science-act), 2024-04-25: "Thanks to our CHIPS & Science Law, $6 billion dollars – that’s with a B – will supercharge Micron to build the most advanced memory chip factory in the world right here in Syracuse and Central New York."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.