Micron Raises U.S. Investment to $250B, Aims for 40% Domestic DRAM Output
MU•Micron Technology will boost U.S. investment to over $250 billion through 2035, up from $200 billion, targeting 40% domestic DRAM production to meet AI memory demand. It also earmarked $3 billion for U.S. supply chain support—including $500 million for GlobalWafers—and started construction at its Clay, NY campus.
1. Investment Expansion
Micron has increased its planned U.S. investment commitment from $200 billion to more than $250 billion through 2035, a move designed to scale capacity and secure strategic manufacturing assets on American soil.
2. Domestic Production Target
The company aims to produce 40% of its DRAM output in the United States, a significant shift intended to align production with rising AI and data center memory requirements.
3. Supply Chain Commitments
As part of the expanded plan, Micron will allocate $3 billion to strengthen the U.S. chip supply chain, including a $500 million strategic financing package for GlobalWafers and a 10-year wafer supply agreement.
4. Campus Construction
Construction at Micron’s Clay, New York campus has commenced, highlighted by the completion of the first concrete pour, marking a key milestone in the facility’s development schedule.
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