Micron Details $200B U.S. Chip Manufacturing Expansion

Micron Technology has pledged approximately $200 billion to expand U.S. semiconductor manufacturing and research, supported by the Trump administration and CHIPS Act incentives. The plan allocates $150 billion to manufacturing and $50 billion to R&D, aiming to create around 90,000 jobs across Idaho, New York, and Virginia. Key projects include constructing a second memory chip fab in Boise, expanding and modernizing the Virginia plant, and developing advanced High Bandwidth Memory capabilities to support AI growth. The initiative seeks to produce 40% of Micron's DRAM chips domestically and bolster U.S. technological leadership and supply chain resilience. Industry leaders such as Nvidia and Apple have endorsed the investment, citing its significance for the U.S. AI ecosystem and tech innovation. Construction is underway in Idaho with initial DRAM production expected in 2027, while ground preparation for New York plants is set to begin later this year.