well, the supply chains for memory manufacturing will be diversified. of course, micron has a well diversified footprint of manufacturing here in asia, and micron will continue to invest in ourfabs in asia to meet the demand needs of the future. but also in order to meet the growth in demand, we need to add new capacity. so us new manufacturing fabs that we ll be building in boise, idaho as well as near syracuse in new york, will be part of our overall globalfootprint, including fabs in the us as well as in asia, to supply the demand that is needed for the 2030 era demand. what are you telling your customers and your clients and your suppliers in this region, then, as the us ramps up its manufacturing? yeah, so micron investments in boise, idaho, when we announced that investment for manufacturing fab, we said we ll be investing $15 billion over the course of ten years. similarly for clay, new york,
in the memory chips business. memory chips are essential for anything that has a processor, but also for bigger items like supercomputers. i sat down with the chief executive of micron, and started by asking him how that legislation will affect his business. well, the us chips act is helping level the playing field. over the course of the last couple of decades, a lot of the manufacturing of silicon moved to asia because of the incentives provided by the governments here, and now us chips act is able to bridge the cost gap that exists in production in the us versus asia. so us chips act will provide the necessary grants and the investment tax credits to enable more manufacturing in the us. yeah, i m glad you mentioned cost, because there s a reason that the supply chains move to asia in the first place, isn t there? are you confident that the us can be the dominant manufacturer?
near syracuse, we have announced that we ll be investing $20 billion over a course of ten years to build a leading edge memory manufacturing fab there. last year, we announced that micron will be investing $150 billion through the course of the decade for leading edge r&d and manufacturing worldwide. so you can see that majority of the investments will, of course, be occurring in our supply chain, wafer manufacturing and assembly and test manufacturing infrastructure that we have here in asia. so all of this is going to coexist. micron will continue to, of course, make investments in our asia manufacturing operations, waferfab, as well as assembly and test, as well as continue to advance our r&d teams here in asia as we continue to bring up manufacturing in us to meet the second half of this decade demand.
from smartphones to aircraft and cars to microwaves. but the fight for who controls the supply chains, the network of companies that make these devices, is escalating. translation: we will focus on national strategic needs l and pool our resources together to boost cutting edge research in science and technology domestically, and resolutely win the battle in key technologies. so instead of relying on chips made overseas in places like china, the supply chain for those chips will be here in america. welcome to talking business asia. i m suranjana tewari. most semiconductors are made in asia. i m in one of the areas of singapore where a lot of that fabrication happens, but the entire ecosystem stretches throughout the world. take this iphone, for example.
level the playing field. over the course of the last couple of decades, a lot of the manufacturing of silicon moved to asia because of the incentives provided by the governments here, and now us chips act is able to bridge the cost gap that exists in production in the us versus asia. so us chips act will provide the necessary grants and the investment tax credits to enable more manufacturing in the us. yeah, i m glad you mentioned cost, because there s a reason that the supply chains move to asia in the first place, isn t there? are you confident that the us can be the dominant manufacturer? well, the supply chains for memory manufacturing will be diversified. of course, micron has a well diversified footprint of manufacturing here in asia, and micron will continue to invest in ourfabs in asia to meet the demand needs of the future. but also in order to meet the growth in demand, we need to add new capacity.