Micron breaks ground on $15 billion U.S. chip plant, says more to come soon

Micron Technology Inc, the biggest U.S. memory chip company, on Monday will break ground for a $15 billion factory in Boise, Idaho, and its chief executive told Reuters an announcement of another new U.S. plant will be coming soon.

“We are in final stages of another high volume manufacturing site that is going to be announced in the coming weeks,” CEO Sanjay Mehrotra said.