Micron to bring microchip plant to upstate New York

NEW YORK (AP) — Micron, one of the world’s largest microchip manufacturers, will open a semiconductor plant in New York, promising an investment of up to $100 billion and a plant that could bring 50,000 jobs to the state. The company was lured to the Syracuse area with a generous set of federal, state and local incentives, including up to $5.5 billion in state tax credits over 20 years. The announcement comes months after Congress passed the $280 billion CHIPS and Science Act, which set aside $52 billion to bolster the semiconductor industry. Companies like Micron manufacture the diminutive chips that power everything from smartphones to computers to automobiles.