Micron Technology Announces $200B Investment in U.S. Semiconductor Manufacturing

Micron Technology unveiled plans to invest $200 billion in domestic semiconductor manufacturing and R&D, bolstering American memory chip production. The investment includes $150 billion for expanding manufacturing capacity and $50 billion for research and development, marking a $30 billion increase over previous budgets.

The initiative aligns with the TRUMP administration''s push to restore U.S. leadership in chipmaking and create jobs. Micron is expected to receive $6 billion in CHIPS Act funding, with the project generating over 90,000 direct and indirect jobs. The company will expand facilities in Idaho, New York, and Virginia, including a second state-of-the-art fabrication plant.

This MOVE underscores the strategic importance of domestic semiconductor production amid growing global demand for chips powering AI, automotive systems, and next-gen wireless devices. Micron joins a wave of U.S. tech firms reshoring chip manufacturing capabilities.