Micron Unveils $200B Plan to Expand US Chip Manufacturing

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Micron Technology has significantly increased its US semiconductor manufacturing investment to $200 billion. This decision positions the company at the forefront of reshoring efforts and aligns with national priorities to reduce reliance on foreign chipmakers.

The expansion includes the construction of advanced fabrication facilities in Boise, Idaho, and Clay, New York, and upgrades to Micron’s plant in Manassas, Virginia.

The investment spans infrastructure, research, and development across three key states

Micron will allocate about $150 billion to manufacturing infrastructure and $50 billion to research and development. The project marks one of the most ambitious efforts by a US-based chipmaker to restore domestic technological leadership.

In Idaho, the company plans to develop the first new memory fab in the country in more than 20 years. The New York site will serve as a manufacturing anchor for the East Coast, and the Virginia plant will be modernized to support next-generation capabilities.

Micron sets its sights on domestic market share and advanced chip technologies

The company aims to produce 40 percent of its DRAM chips in the United States by 2030, part of a broader strategy to capture 10 percent of the global semiconductor market. The effort includes a significant emphasis on developing high-bandwidth memory packaging, crucial for AI and machine learning applications.

By bolstering production of these memory technologies domestically, Micron seeks to address the critical need for faster, more energy-efficient components across multiple industries.

New facilities are expected to generate broad economic benefits

The expansion is projected to create about 90,000 jobs, including direct employment, contractors, and roles in the broader supply chain. These jobs will cover engineering, operations, logistics, and support functions.

Local economies are expected to benefit from increased infrastructure development and educational partnerships, including workforce training programs tailored to support semiconductor manufacturing.

Federal and state support forms the backbone of the financial framework

Micron’s investment is backed by federal and state incentives, including up to $6.4 billion in grants through the CHIPS and Science Act. Additional local government support and eligibility for the Advanced Manufacturing Investment Credit further enhance the company’s ability to execute its expansion.

Micron’s $200 billion investment signals a strategic shift in the semiconductor industry. As demand for high-performance memory accelerates, the expansion reinforces US competitiveness and supports the development of secure, resilient chip supply chains.

Sources:

• Micron Technology official news release
• The Wall Street Journal