Micron Technology has earmarked $200 billion to boost US semiconductor production, with $150 billion for memory manufacturing and $50 billion for research and development. Funds will primarily go to facilities in Idaho, New York, and Virginia, significantly bolstering domestic chip supply. CEO Sanjay Mehrotra says the initiative will reinforce American tech leadership and create thousands of jobs. The investment includes $6.4 billion from the CHIPS and Science Act, underlining government support for advanced manufacturing.
Micron Technology has earmarked $200 billion to boost US semiconductor production, with $150 billion for memory manufacturing and $50 billion for research and development. Funds will primarily go to facilities in Idaho, New York, and Virginia, significantly bolstering domestic chip supply. CEO Sanjay Mehrotra says the initiative will reinforce American tech leadership and create thousands of jobs. The investment includes $6.4 billion from the CHIPS and Science Act, underlining government support for advanced manufacturing.