Micron's Bold $200 Billion Investment in U.S. Semiconductor Manufacturing
Micron Technology is embarking on a substantial $200 billion investment in U.S. semiconductor manufacturing and research. This initiative includes a significant focus on DRAM production, aiming for 40% of its output to occur domestically.
The company plans to construct new facilities in Idaho and New York while modernizing its Virginia site. This move is driven by the surging demand for high-bandwidth memory essential for advancing artificial intelligence and automotive technologies.
Supported by government initiatives like the CHIPS Act, the investment is projected to create around 90,000 jobs, bolstering America's position in critical technological sectors. Micron's commitment reflects a strategic pivot towards strengthening domestic supply chains and enhancing innovation in the U.S. tech landscape.
The press radar on this topic:
Micron Is Shooting for 40% DRAM Production in the US
Micron makes massive $200 billion AI bet TheStreet Daily Newsletter
Micron makes massive $200 billion AI bet
Welcome!

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand