Micron Technology announced Thursday it will expand its U.S. investments to approximately $200 billion, marking one of the largest commitments to domestic semiconductor manufacturing since the passage of the CHIPS Act. The memory chip manufacturer said the investment represents an additional $30 billion beyond previous plans and will create an estimated 90,000 direct and indirect jobs.
The announcement underscores the Trump Administration's push to relocate semiconductor supply chains to American soil amid growing demand for memory chips driven by artificial intelligence applications and national security concerns over foreign dependence.
The investment includes $150 billion for domestic memory manufacturing and $50 billion for research and development across facilities in Idaho, New York, and Virginia12. Micron plans to build a second leading-edge memory fabrication facility in Boise, Idaho, modernize its existing plant in Manassas, Virginia, and develop advanced packaging capabilities for High Bandwidth Memory production in the United States13.
"This approximately $200 billion investment will reinforce America's technological leadership, create tens of thousands of American jobs across the semiconductor ecosystem and secure a domestic supply of semiconductors," said Micron Chairman, President and CEO Sanjay Mehrotra12.
The company expects production at its first Idaho facility to begin in 2027, with the second Idaho plant coming online before the first New York facility. Ground preparation in New York is planned to begin later this year following environmental reviews45.
The expansion is supported by up to $6.4 billion in CHIPS Act direct funding, which will aid construction across Micron's U.S. facilities12. The company has already secured a $275 million CHIPS Act grant for its Virginia facility expansion13.
"President Trump has made it clear that the time to build in America is now," said Commerce Secretary Howard Lutnick. "Micron's planned investment will ensure the U.S. advances its lead across critical industries like AI, automotive, and aerospace & defense"45.
Currently, 100% of leading-edge DRAM production occurs overseas, primarily in East Asia, making Micron the only U.S.-based manufacturer of advanced memory chips1. The company's expanded investment aims to produce 40% of its DRAM domestically23.
The announcement builds on Micron's previous $40 billion investment commitment announced in 2022 and comes as other technology companies have pledged hundreds of billions toward domestic manufacturing45. Nvidia recently selected Micron as the first supplier for its next-generation memory solution, positioning the company at the forefront of AI server memory production67.
