Micron headed by Indian-American CEO to invest USD 40 billion in memory chips manufacturing in US

Washington: Micron Technology, an industry leader in innovative memory and storage solutions, headed by Indian-American CEO Sanjay Mehrotra, is all set to announce a whopping investment of USD 40 billion in memory chips manufacturing in the US, as President Joe Biden is set to sign the ambitious CHIPS and Science Act of 2022 at the White House on Tuesday.

Mehrotra along with several other leaders of the American corporate sector like Pat Gelsinger, CEO of Intel; Jim Taiclet, the CEO of Lockheed Martin; Enrique Lores, the CEO of HP; and Dr. Lisa Su, the Chair and CEO of Advanced Micro Devices are expected to attend the bill signing at the White House to mark the historic event.