Micron Technology announced its plan to establish a new facility in Guadalajara, Mexico.

Micron Technology, a leading semiconductor manufacturer based in Boise, Idaho, has announced its plan to establish a new microchip production facility in Guadalajara, Mexico. This move comes just six weeks after the announcement of a collaborative initiative between Mexico and the United States aimed at enhancing the global semiconductor ecosystem. The initiative, which includes a substantial $6.14 billion subsidy from the U.S. Department of Commerce to Micron, seeks to expand semiconductor production and development within the two countries.

The decision to set up operations in Guadalajara is expected to create 100 local jobs by the end of the year, significantly boosting the region’s technological ecosystem and providing numerous opportunities for collaboration with local universities. This initiative aims to foster a new generation of engineers and technology professionals in Mexico. The new facility will focus on developing advanced memory solutions, particularly for the latest Artificial Intelligence applications, enhancing Micron’s innovation capacity in semiconductor technologies.

Mexico’s strategic location and its broad network of international trade agreements played crucial roles in Micron’s decision to expand there, especially amidst efforts by the U.S. to lessen dependence on semiconductor supplies from China and Taiwan. The Guadalajara facility represents Micron’s first headquarters in Latin America and marks a significant step in strengthening North American capabilities in the semiconductor industry. This development promises to bring advanced technological growth and economic benefits to the region, positioning Mexico as a key player in the global tech landscape.