Micron Technology, Inc. has expanded even more its investment expansions in the United States, now reaching to US$200 billion. This after the company said it is investing additional US$30 billion beyond prior plans to fund critical facilities in the country.

Of the total combined investments, about US$150 billion of this will be earmarked to domestic memory manufacturing while US$50 billion in R&D.

Micron’s approximately US$200 billion broader U.S. expansion vision includes two leading-edge high-volume fabs in Idaho, up to four leading-edge high-volume fabs in New York, the expansion and modernization of its existing manufacturing fab in Virginia, advanced High Bandwidth Memory (HBM) packaging capabilities and R&D to drive American innovation and technology leadership.

These investments will enable Micron to meet expected market demand, maintain share, and support Micron’s goal of producing 40 percent of its DRAM in the United States. The co-location of these two Idaho fabs with Micron’s Idaho R&D operations will drive economies of scale and faster time to market for leading-edge products, including HBM.

Boosts Domestic Production

Micron has already achieved key construction milestones on its first Idaho fab in the state of Boise with DRAM output scheduled to begin in 2027. Meanwhile, the second Idaho fab will increase further Micron’s domestic production of DRAM, serving growing market demand fueled by AI. Moreover, the company expects to begin ground preparation for its New York facility later this year following completion of state and federal environmental review processes.

Micron expects its second Idaho fab to come online before the first New York fab. Micron will continue to manage its supply growth consistent with market conditions.

Following the completion of the second Idaho fab, Micron plans to bring back to the United States its advanced HBM packaging capabilities, which are critical to the AI market. Additionally, Micron has finalized a US$275 million CHIPS Act direct funding to support expansion this year of its Manassas, Virginia facility. This investment will onshore Micron’s 1-alpha DRAM node, reinforcing the company’s ongoing commitment to key sectors including industrial, automotive, defense and aerospace, and medical devices.

“Micron’s U.S. memory manufacturing and R&D plans underscore our commitment to driving innovation and strengthening the domestic semiconductor industry,” said Micron Chairman, President and CEO Sanjay Mehrotra. “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.”

13 June 2025