Micron Chip Plant a Big Milestone Says Rajeev Chandrasekhar By CIOTechOutlook Team

Micron Chip Plant a Big Milestone Says Rajeev Chandrasekhar

CIOTechOutlook Team | Saturday, 23 September 2023, 01:57 IST

Ahead of the ground-breaking ceremony for the Micron semiconductor plant in Sanand, Gujarat, on Saturday, Chandrasekhar said, “It sends the signal about the growth and evolution of the semiconductor ecosystem in India to other prospective investors”.

It is a “decadal opportunity” that will also see growth and investment in the complex supply chain needed to support a semiconductor ecosystem, he added, and India is globally becoming a trusted partner, as per economic times.

“For the digital economy's target of being 20% of GDP in the coming years, tomorrow’s ground-breaking represents a big milestone,” he said.

“We will achieve in the next ten years what countries to our north have taken 20-25 years and spent $200 billion and not succeeded.”

Micron Technology, Inc. is an American manufacturer of computer memory and data storage products such as dynamic random-access memory (DRAM), flash memory, and USB flash drives. Its headquarters are located in Boise, Idaho. The Crucial brand is used to sell its consumer products, notably the Ballistix series of memory modules. Micron and Intel collaborated to form IM Flash Technologies, which manufactured NAND flash memory. Between 2006 and 2017, it owned Lexar.

Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman launched Micron as a semiconductor design consultancy firm in 1978 in Boise, Idaho. Local Idaho businessmen Tom Nicholson, Allen Noble, Rudolph Nelson, and Ron Yanke supplied startup capital. Later, it acquired finance from Idaho billionaire J. R. Simplot, who made his wealth in the potato industry. With the completion of its first wafer fabrication facility ("Fab 1"), producing 64K DRAM chips in 1981, the company transitioned from consulting to production.