Micron CEO: Chips Act Passage Was Essential to NY Factory Investment

Micron is investing over $100 billion in upstate New York to establish a leading-edge memory manufacturing facility, creating 50,000 jobs over 20 years. The decision was influenced by New York's diverse talent pool, strong educational ecosystem, clean energy, and state incentives. The Chip and Science Act played a crucial role in leveling the playing field with Asia. Additionally, Elon Musk's renewed offer to buy Twitter was briefly mentioned.

What is the primary reason Micron chose upstate New York for its investment?

• Proximity to major tech companies

• Better weather conditions

• Diverse talent pool and strong educational institutions

• Lower taxes compared to other states

How many jobs is Micron's investment expected to create in New York?

• 10,000

• 50,000

• 100,000

• 25,000

What role did the Chip and Science Act play in Micron's investment decision?

• It offered a new market for Micron's products

• It provided tax incentives for Micron

• It mandated Micron to invest in the U.S.

• It helped bridge the cost gap with Asian operations

Which U.S. President was mentioned in relation to the Chip and Science Act?

• President Bush

• President Trump

• President Biden

• President Obama

What recent business move by Elon Musk was mentioned in the interview?

• Starting a new space mission

• Investing in renewable energy

• Renewing his offer to buy Twitter

• Launching a new car model