Micron Technology Announces $200 Billion U.S. Expansion, Creating 90,000 Jobs and Boosting Domestic Semiconductor Manufacturing

Reuters
06-12
Micron Technology Announces $200 Billion U.S. Expansion, Creating 90,000 Jobs and Boosting Domestic Semiconductor Manufacturing

Micron Technology Inc. has announced a significant expansion of its U.S. investments, committing approximately $200 billion to bolster semiconductor manufacturing and research and development across Idaho, New York, and Virginia. This initiative aims to enhance domestic memory supply and support Micron's goal of producing 40% of its DRAM in the U.S. The expansion plan includes constructing two leading-edge high-volume fabs in Idaho, up to four in New York, and modernizing its existing Virginia facility. Additionally, Micron will introduce advanced HBM packaging capabilities to meet the growing demand driven by AI. The investment is expected to create around 90,000 direct and indirect jobs, reaffirming Micron's position as a global leader in memory technology and supporting critical industries such as AI, automotive, and aerospace & defense.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Micron Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9467777-en) on June 12, 2025, and is solely responsible for the information contained therein.

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