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Micron expands US investments to $200 billion amid Trump's onshoring push
June 12 (Reuters) - Memory chipmaker Micron Technology (MU.O), opens new tab said on Thursday it is expanding its U.S. investments to about $200 billion, planning to dole out $150 billion for manufacturing amid President Donald Trump's push to onshore sprawling semiconductor supply chains. This
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Chip-maker Micron expands US investment to $200 bn backed by Trump
Chip giant Micron Technology on Thursday said it was expanding its domestic investment plan to $200 billion as it seeks to boost US semiconductor manufacturing, with the backing of the Trump administration. The move, aimed at strengthening America's domestic chip supply chain, represents an
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Micron and Trump admin to expand US investments: $200B for domestic semiconductor manufacturing
Micron and the Trump administration plan to invest $200 billion into US-based semiconductor manufacturing an R&D in Idaho, New York, and Virginia. As an Amazon Associate, we earn from qualifying purchases. TweakTown may also earn commissions from other affiliate partners at no extra cost to
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Micron to expand US investments to about $200 billion
The additional investment will center around building a second leading-edge memory fab in Boise, Idaho and expanding an existing manufacturing facility in Manassas, Virginia.Micron Technology said on Thursday it was planning to expand its U.S. investments in domestic memory manufacturing to about
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Micron expands US investments to $200 billion amid Trump's onshoring push
(Reuters) -Memory chipmaker Micron Technology said on Thursday it is expanding its U.S. investments to about $200 billion, planning to dole out $150 billion for manufacturing amid President Donald Trump's push to onshore sprawling semiconductor supply chains. This marks an additional investment of
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Micron Technology to Invest $200 Billion in Domestic Semiconductor Manufacturing, R&D
Micron Technology plans to invest more than $200 billion in semiconductor manufacturing in the U.S., a move it estimates will create roughly 90,000 direct and indirect jobs. The memory and storage-solutions company disclosed the investment on Thursday in partnership with the Trump administration,
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Micron boosts US investment plan by $30 billion amid Trump's onshoring push
WASHINGTON (Reuters) -Memory chip maker Micron Technology said on Thursday it is expanding its U.S. investments by $30 billion as President Donald Trump presses companies to boost U.S. investments and threatens new tariffs on semiconductors. Micron now says its planned investments will total $200
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Micron Technology announces a significant expansion of its US investments to $200 billion, focusing on domestic semiconductor manufacturing and R&D. This move aligns with the Trump administration's push for onshoring semiconductor production.
Micron Technology, a leading memory chipmaker, has announced a significant expansion of its US investments, totaling approximately $200 billion. This move comes amid President Donald Trump's push to onshore semiconductor supply chains and strengthen domestic manufacturing capabilities
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Source: TweakTown
The investment plan includes:
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Micron's expansion strategy involves:
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The company aims to:
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Source: Tech Xplore
A key aspect of Micron's investment is bringing advanced packaging capabilities to the US, which is essential for high bandwidth memory (HBM) production. HBM is extensively used in the AI market and is often characterized as a type of stacked DRAM technology
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.The announcement has garnered support from industry leaders:
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The Trump administration has been instrumental in advancing domestic semiconductor manufacturing. Secretary of Commerce Howard Lutnick stated, "President Trump has made it clear that the time to build in America is now." The investment is seen as critical to economic and national security, particularly in industries like AI, automotive, and aerospace & defense
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Source: ET
Despite the positive news, Micron's shares fell about 1% in premarket trading following the announcement
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. The company expects DRAM output from its first Idaho fab to begin in 2027, with the second Idaho fab coming online before the first New York fab .This massive investment by Micron aligns with broader industry trends, as other tech giants like Nvidia have also announced significant domestic investments in recent months. These moves collectively aim to reduce US reliance on foreign semiconductor production and bolster the country's technological leadership in critical industries.
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