Micron Technology will break ground on its semiconductor megafab in Onondaga County, New York, on January 16, 2026. The project carries a valuation of $100 billion. This investment represents the largest private capital commitment in New York's history.

The facility is set to become the biggest semiconductor plant in the United States. The new megafab will produce advanced memory chips to meet surging global demand driven by artificial intelligence.

Micron executives will attend the groundbreaking ceremony alongside federal, state, and local government officials. The event signifies a pivotal moment for U.S. semiconductor manufacturing and Micron's central role in the AI era.