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Micron Technology plans to invest over $250 billion in U.S. semiconductor manufacturing by 2035, including the construction of a massive new chip fabrication plant in Clay, New York. This project, expected to be the largest private investment in New York history, will create approximately 50,000 jobs in the state and support additional employment through existing facilities. The company cites rising demand for memory chips driven by AI and aims to increase U.S.-based production to secure supply chains and promote economic growth.
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