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

Democrats pin hopes on Obama ahead of midterms

Next Story

‘JioMart on WhatsApp a big opportunity for Meta’

Latest from -Top News

Modi calls Yoga a journey from ‘me’ to ‘we’

PM Modi showered praise on the Andhra Pradesh government for hosting this year’s national celebrations, commending Chief Minister N. Chandrababu Naidu and Deputy Chief Minister Pawan Kalyan for their leadership. Prime Minister

UK unites for Yoga Day

Celebrations held across iconic landmarks and campuses under theme ‘One Earth, One Health’ The Indian diaspora and local communities across the United Kingdom gathered in large numbers on Friday to mark the

Kenya’s Odinga Slams Adani Deal U-Turn

Before the cancellation of the deal, Odinga was among the leaders who defended the Adani Group….reports Asian Lite News Kenya’s former Prime Minister Raila Odinga on Friday expressed disappointment over the cancellation

Hindus in Peril in Bangladesh

The rights group submitted new evidence to the ICC, accusing Muhammad Yunus’s interim government of top-level complicity….reports Asian Lite News The Human Rights Congress for Bangladesh Minorities (HRCBM) on Friday condemned a

India Takes Yoga to the World

Ahead of June 21, yoga events are being held worldwide, promoting health, harmony, and well-being for the 11th IDY…reports Asian Lite News Marking a global celebration of India’s cultural heritage, the Indian
Go toTop

Don't Miss

Prabowo Subianto claims victory in Indonesian polls

Despite no official declaration, Subianto holds a significant lead in

‘US has shared interests with Pakistan’

Kirby said the US doesn’t see any military role in