Air Liquide will invest more than $150 million in the U.S. to build a new factory in Idaho that will produce industrial gases. The factory will support the expansion of a major global memory chip manufacturer. This investment will aid the company increase chip production and strengthen Air Liquide’s long-term support for the semiconductor industry.
The new facility is expected to start operations in 2028. It will produce large amounts of very pure gases, including nitrogen, oxygen, argon, etc., which are needed to make advanced memory chips. The project will help meet the escalating demand for chips used in AI and other technologies.
Air Liquide is helping expand semiconductor manufacturing in the U.S. by providing important gases and materials needed for chip production. This Idaho project is part of Air Liquide’s wider expansion in major U.S. semiconductor regions.
As per Coherent Market Insights, the Semiconductor Memory Market will grow at a 5.7% compound annual growth rate (CAGR) from 2026 to 2033, from USD 35.05 Bn in 2026 to around USD 51.67 Bn by 2033. The market is experiencing major growth driven by increasing demand for high-performance memory in consumer electronics, data centers, as well as automotive applications. Moreover, advancements in memory technology such as 3D NAND and MRAM are further augmenting market expansion. However, factors like supply chain disruptions and fluctuating raw material prices are expected to challenge the growth of the global semiconductor memory market.
Matthieu Giard, Group Executive Committee member, notably supervising operations in the Americas, stated: "This new investment underscores Air Liquide’s commitment to meeting the growing demand for critical industrial gases required to manufacture advanced semiconductor chips. Building on the strong relationship we have established as their current supplier, our customer’s decision to choose us for this new phase of growth demonstrates a deep and renewed trust in our proven capabilities in Idaho. As the U.S. market accelerates, we are proud to support our customer’s expansion and enable the breakthrough technologies of tomorrow.”
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News: Air Liquide