On January 16 (local time), Micron Technology officially broke ground on a colossal $100 billion wafer fabrication plant in Onondaga County, New York State. This new facility is slated to commence production in 2030. The plan is to construct four factories at the site, with the ambition of establishing the world's most cutting - edge memory semiconductor manufacturing hub. This move is aimed at satisfying the escalating demand for high - end storage solutions in artificial intelligence systems. During the groundbreaking ceremony, U.S. Commerce Secretary Howard Lutnick delivered a stern warning. He stated that memory chip manufacturers might be slapped with a 100% semiconductor tariff if they neglect to make investments in the United States. In the context of the global semiconductor industry, the U.S. has been actively promoting domestic production to enhance its technological competitiveness and reduce reliance on foreign suppliers. This warning from the Commerce Secretary reflects the U.S. government's strong stance on encouraging domestic investment in the semiconductor sector. It also aligns with the broader trend of countries around the world seeking to secure their own semiconductor supply chains in an increasingly competitive and geopolitically complex environment.
