Administration of Joseph R. Biden, Jr., 2022

October 4, 2022

To those who doubted that America could dominate the industries of the future, I say this: You should never bet against the American people. Today is another win for America, and another massive new investment in America spurred by my economic plan. Micron, an American company, is investing $20 billion dollars this decade and up to $100 billion over 20 years in chips manufacturing in Upstate New York, creating tens of thousands of good-paying jobs. Together, we are building an economy from the bottom up and the middle out, where we lower costs for our families and make it right here in America.

Categories: Statements by the President : Micron Technology decision to build semiconductor manufacturing facility in Clay, NY.

Subjects: Business and industry : Domestic investment, promotion efforts; Business and industry

: Manufacturing industry :: Advanced manufacturing, promotion efforts; Economy, national : Household income and wages; Economy, national : Strengthening efforts; Employment and unemployment : Job creation and growth; New York : Micron Technology decision to build manufacturing facility in Clay.

DCPD Number: DCPD202200874.

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