October 28, 2022
2 mins read

Indian American CEO to bet big on New York

Sanjay Mehrotra, the Indian-American CEO of Micron Technology added that they want to make New York the hub of leading edge semiconductor manufacturing…reports Asian Lite News

Sanjay Mehrotra, the Indian-American CEO of Micron Technology, has promised an investment of $100 billion over the next 20 years and creation of thousands of jobs in New York.

In his LinkedIn post, Mehrotra said he met President Joe Biden and showcased Micron’s future plans and the creation of the largest semiconductor fabrication facility in Clay, New York.

“I was humbled to meet with President Biden, introduce him to some of the Micron team, and showcase Micron’s plans for our future megafab in Clay, New York. This $100 billion investment over the next two decades will create the largest semiconductor fabrication facility in the history of the US,” the Kanpur-born CEO said in the post shared on Friday.

The top executive said that Micron Technologies will create 50,000 jobs in New York and partner with local colleges, universities and community organisations to build the workforce.

Micron Technology is a Nasdaq-listed company that focuses on innovative memory and storage solutions.

Mehrotra added that they want to make New York the hub of leading edge semiconductor manufacturing.

In a release, the company said that it will invest $250 million in the Green CHIPS Community Investment Fund, with additional $100 million invested from New York, with $150 million from local, other state and national partners.

“With @MicronTech & federal & local partners, we’re investing $500 million in Central New York for workforce development, housing, education & more,” tweeted New York Governor Kathy Hochul.

“Thanks to our Green CHIPS legislation, we’ll not only bring 50,000 jobs, we’ll make long-term investments in our communities,” Hochul added.

Mehrotra joined Micron in May 2017, after a long and distinguished career at SanDisk Corporation where he led the company from start-up in 1988 until its eventual sale in 2016 to Western Digital.

Prior to SanDisk, he held design engineering positions at Integrated Device Technology, Inc., SEEQ Technology and Intel Corporation.

Mehrotra was born in Kanpur and completed his education from Delhi’s Sardar Patel Vidyalaya.

At the age of 18, Mehrotra moved to the US, transferring from BITS Pilani to attend the University of California, Berkely, where he earned both bachelor’s and master’s degrees in electrical engineering and computer science.

He was awarded an honorary doctorate from Boise State University, and holds around 70 patents.

ALSO READ: Democrats pin hopes on Obama ahead of midterms

Previous Story

Ohio Senate race is tighter than expected

Next Story

‘JioMart on WhatsApp a big opportunity for Meta’

Previous Story

Ohio Senate race is tighter than expected

Next Story

‘JioMart on WhatsApp a big opportunity for Meta’

Latest from -Top News

From Drug Hub to Enforcer? Taliban Blames Neighbours

The Taliban says narcotics production is rising in neighbouring countries as Afghanistan pushes for a regional crackdown…reports Asian Lite News Desk Afghanistan’s Taliban authorities have accused neighbouring countries of expanding narcotics cultivation

China Wants Chips, EU Holds the Cards

As Beijing eyes advanced lithography machines from Europe, EU closes ranks against coercive Chinese ways…writes Dr Sakariya Kareem With members of the European Union closing ranks to combat unethical trade practices by

Sheikh Hasina Alleges Human Rights Abuses Under BNP Rule

Bangladesh’s former prime minister alleges mass arrests, torture and political repression under the ruling BNP government….reports Asian Lite News Desk Bangladesh’s former Prime Minister Sheikh Hasina has alleged that the country is
Go toTop

Don't Miss

India govt refutes Citigroup report on state of employment

Ministry of Labour and Employment asserted that such reports did

Wheels India ramps up production

Wheels India is looking at double digit growth to come