Amid a fierce global chip race and rising US tech ambitions, Micron commits $200 billion to boost semiconductor production and research across Idaho, New York, and Virginia.
Micron Technology has revealed a $200 billion plan to expand its US semiconductor manufacturing and research capabilities. The announcement, made on Thursday, includes $150 billion to scale up memory chip production across existing sites in Idaho, New York, and Virginia.
The remaining $50 billion will go toward research and development, as the company looks to position the US at the forefront of next-generation chip technology.
A major part of the new funding will support a second fabrication plant in Boise, Idaho. Valued at $30 billion, this facility will focus on high bandwidth memory production and add to Micron’s ongoing $25 billion project already underway in the same city.
According to a report by the Manufacturing Dive, this is one of the largest single commitments to America’s chip industry.
Micron’s expansion also covers upgrades to its Manassas, Virginia, site, where the company plans to enhance packaging capacity for advanced memory products. The company expects the broader investment to generate roughly 90,000 jobs across its supply chain.
This move comes as the US government continues to release funds through the CHIPS and Science Act. Micron finalised $275 million in federal funding this week for its Virginia expansion, in addition to $6.2 billion secured last year for projects in New York and Idaho.
Commerce Secretary Howard Lutnick confirmed that the department is revisiting previous funding agreements to ensure better returns for taxpayers under the new administration.
Micron’s plans reflect growing pressure on US-based chipmakers to expand domestic production. Other major players, including GlobalFoundries and TSMC, have recently increased their own US investments.
Construction is already underway on Micron’s first Boise fab, and DRAM chip production is expected to begin there by 2027. Preparatory work in New York is set to start later this year, while the second Boise plant is likely to be completed first.
