Micron Technology has expanded its U.S. manufacturing strategy, announcing plans to invest more than $250 billion in the United States through 2035, including a commitment of up to $3 billion to strengthen the domestic semiconductor supply chain. The investment comes amid surging artificial intelligence (AI) demand for memory chips and continued efforts to localize semiconductor production in the U.S.
The latest announcement increases Micron’s previous U.S. investment commitment from $200 billion to over $250 billion, reinforcing the company’s focus on expanding memory chip manufacturing capacity. The investment program centers on Micron’s semiconductor campus in New York, alongside ongoing expansion projects in Idaho and Virginia. Collectively, these facilities are expected to generate more than 90,000 jobs across the United States over the coming years.
A key element of the expanded strategy is a dedicated investment of up to $3 billion to strengthen the U.S. semiconductor supply chain. Within this package, $500 million will be allocated to support GlobalWafers’ 300-mm silicon wafer manufacturing facility in Sherman, Texas, improving domestic availability of critical raw silicon wafers used in semiconductor fabrication. The two companies will also enter into a 10-year supply agreement, helping secure long-term wafer supplies for Micron’s expanding manufacturing operations.
The investment reflects rapidly growing demand for AI infrastructure. Micron has already secured approximately $22 billion in customer commitments spanning data center, consumer electronics, and automotive markets, highlighting the accelerating need for advanced DRAM and memory technologies powering AI servers and next-generation computing platforms.
Investors responded positively to the announcement. Micron shares climbed about 8 percent following the investment update and have gained more than 200 percent this year as AI-driven memory demand continues to reshape the semiconductor industry.
The expanded investment aligns with broader U.S. efforts to build a resilient domestic semiconductor ecosystem by increasing local manufacturing capacity, reducing dependence on overseas suppliers, and strengthening every stage of the semiconductor value chain, from raw silicon wafers to advanced memory chip production.
SHAFANA FAZAL
