Micron to Invest $200B in U.S. Amid Trump’s Reshoring Drive, Targeting 40% DRAM Made in America.
Micron plans to expand its U.S. investments to approximately $150 billion in domestic memory manufacturing and $50 billion in R&D, creating an estimated 90,000 direct and indirect jobs. As part of today’s announcement, the company will invest an additional $30 billion beyond its previous plans. This includes constructing a second leading-edge memory fab in Boise, Idaho; expanding and upgrading its existing manufacturing facility in Manassas, Virginia; and establishing advanced packaging capabilities in the U.S. to support long-term growth in HBM.
These investments are expected to help Micron maintain market share and support its goal of producing 40% of its DRAM in the U.S., as highlighted in its press release.
Micron’s broader $200 billion U.S. expansion plan includes two leading-edge high-volume fabs in Idaho, up to four in New York, and the expansion of its existing facility in Virginia.
The company has already reached key construction milestones on its first Idaho fab, with DRAM production slated to begin in 2027. A second Idaho fab will further increase Micron’s U.S. DRAM output to meet rising demand fueled by AI and is expected to come online ahead of the first New York fab.
Micron has finalized a $275 million direct funding award under the CHIPS Act to support the expansion and modernization of its Manassas, Virginia facility, with work set to begin this year. Notably, the investment will bring Micron’s 1-alpha DRAM node production onshore.
Source: trendforce