Micron Technology has unveiled a landmark $200 billion investment plan to expand semiconductor manufacturing and research in the United States, signaling a significant move toward revitalizing domestic chip production and reducing reliance on foreign suppliers. The initiative is expected to create approximately 90,000 direct and indirect jobs across multiple states, including Idaho, New York, and Virginia.
The investment comprises $150 billion allocated for building and expanding memory fabrication facilities and $50 billion dedicated to research and development. Micron aims to construct two advanced fabs in Boise, Idaho, up to four in New York, and modernize its existing facility in Manassas, Virginia. These efforts are part of Micron’s strategy to produce 40% of its dynamic random-access memory (DRAM) chips domestically, enhancing national security and economic resilience.
“Micron’s U.S. memory manufacturing and R&D plans underscore our commitment to driving innovation and strengthening the domestic semiconductor industry,” said Sanjay Mehrotra, Micron’s Chairman, President, and CEO. “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—critical to economic and national security.”
The announcement aligns with the Trump administration’s push to bolster domestic manufacturing and position the U.S. as a leader in artificial intelligence and other critical technologies. Commerce Secretary Howard Lutnick emphasized the administration’s support, stating, “President Trump has made it clear that the time to build in America is now. Micron’s planned investment will ensure the U.S. advances its lead across critical industries like AI, automotive, and aerospace & defense.”
Micron’s expansion is also supported by federal, state, and local funding, including up to $6.4 billion from the CHIPS and Science Act. The company anticipates that all its U.S. investments will be eligible for the Advanced Manufacturing Investment Credit (AMIC), further incentivizing domestic production.
The move comes amid global supply chain disruptions and rising geopolitical tensions, prompting tech companies to invest in U.S.-based production facilities. Micron’s commitment reflects a broader trend of reshoring manufacturing to enhance supply chain resilience and national security.
Industry leaders have praised Micron’s initiative. Nvidia CEO Jensen Huang called it “an important step forward for the AI ecosystem,” highlighting the significance of high-bandwidth memory (HBM) in artificial intelligence applications. Apple CEO Tim Cook also welcomed the investment, describing it as “another great example of American manufacturing leadership.”
Micron’s investment is expected to have far-reaching implications for the technology sector and the broader economy. By increasing domestic chip production, the U.S. aims to reduce dependence on foreign suppliers, particularly in critical industries such as defense, automotive, and aerospace. The expansion is also anticipated to stimulate job growth and drive innovation in semiconductor technology.
Construction on Micron’s first Idaho fab has already achieved key milestones, with DRAM output scheduled to preparations in New York are set to commence later this year, following the completion of state and federal environmental .
As the U.S. continues to navigate the challenges of global competition and supply chain vulnerabilities, Micron’s $200 billion investment represents a significant step toward securing the nation’s technological future and economic prosperity.
