Micron Technology said it will invest more than $250 billion in the US through 2035, increasing its prior plan as demand for memory chips surges amid the AI boom and policy support for domestic semiconductor production.
The expanded investment, up from $200 billion announced last year, centers on a major semiconductor campus in New York, along with expansions in Idaho and Virginia. The projects are expected to create over 90,000 jobs.
Micron also plans to spend $3 billion to strengthen the US semiconductor supply chain, including $500 million to support GlobalWafers’ silicon wafer facility in Texas, alongside a 10 year supply agreement.
The expanded investment, up from $200 billion announced last year, centers on a major semiconductor campus in New York, along with expansions in Idaho and Virginia. The projects are expected to create over 90,000 jobs.
Micron also plans to spend $3 billion to strengthen the US semiconductor supply chain, including $500 million to support GlobalWafers’ silicon wafer facility in Texas, alongside a 10 year supply agreement.
The company has benefited from strong AI-driven demand, with $22 billion in memory chip supply already secured across data center, consumer and automotive markets.