Micron lifts US chip spend to $250B, targets 40% of DRAM onshore
What's the deal? Micron TechnologyDealroom has a profile for this one. Try Dealroom → will raise its planned US investment to $250 billion, extending spending through 2035 to expand domestic memory-chip production. The revised figure adds $50 billion to an earlier commitment, with new and expanded facilities already under way in New York, Idaho, and Virginia.
What's the endgame? The programme aims to bring 40% of Micron's dynamic random access memory (DRAM) output onshore over the next decade. Chief executive Sanjay MehrotraDealroom has a profile for this one. Try Dealroom → said at a company event in New York state that the investment would create more than 90,000 jobs and support "the technologies shaping the next phase of computing."
Why now? AI systems consume far more high-end processors and supporting memory than traditional workloads, driving a sharp rise in demand. Micron's shares surged after the announcement, reflecting investor enthusiasm for one of the clearest beneficiaries of the AI infrastructure build-out.
The commitment builds on plans first outlined in June 2025, when the Trump administration said Micron would spend about $200 billion on US semiconductor manufacturing and research. That package included a second leading-edge memory fab in Boise, Idaho, work to modernise its Manassas, Virginia, site, and added packaging capacity.
Micron also said it will commit $3 billion to reinforce domestic supply chains, including $500 million in strategic financing for Taiwanese wafer supplier GlobalWafersDealroom has a profile for this one. Try Dealroom →. The two firms agreed a 10-year arrangement to secure raw silicon wafer capacity and collaborate on next-generation wafer technologies.
The signal: The race to secure memory capacity has rippled beyond the chip sector. Reuters has reported that Apple raised prices across parts of its product line and is exploring alternative sourcing, underscoring how widely the shortage is being felt.
Read more: noah-news.com
Image credit: IBM Research
