Micron to invest $200 billion in U.S. memory manufacturing and R&D, creating 90,000 jobs : US Pioneer Global VC DIFCHQ SFO NYC Singapore – Riyadh Swiss Our Mind

Micron and the Trump Administration announced Micron’s 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.

Additionally, Micron plans to invest $30 billion beyond prior plans, which includes building a second leading-edge memory fab in Boise, expanding and modernizing its existing manufacturing facility in Manassas, Virginia, and bringing advanced packaging capabilities to the U.S. to enable long-term growth in High Bandwidth Memory (HBM), essential to the AI market.

According to a recent news release, Micron’s approximately $200 billion broader U.S. expansion vision includes two leading-edge high-volume fabs in Idaho, up to four leading-edge high-volume fabs in New York, the expansion and modernization of its existing manufacturing fab in Virginia, advanced HBM packaging capabilities and R&D to drive American innovation and technology leadership.

These investments will allow Micron to meet expected market demand, maintain its share and support Micron’s goal of producing 40 percent of its DRAM in the U.S.

Boise Mayor Lauren McLean made the following statement regarding Micron’s announcement: “Micron is a homegrown company that we are proud to partner with. We look forward to being a national and global hub for memory technology, where Boiseans have economic opportunity for generations to come.”

https://idahonews.com/news/local/micron-to-invest-150-billion-in-us-memory-manufacturing-creating-90000-jobs