Micron Technology invests $30B to expand memory manufacturing facilities in Idaho and Virginia
Micron Technology has announced plans to expand its memory manufacturing operations in Boise, Idaho, and Manassas, Virginia. The company, which produces memory and storage technologies including DRAM and high-bandwidth memory (HBM), is investing an additional $30 billion and expects to create an estimated 90,000 direct and indirect jobs as part of its broader U.S. expansion.
In Idaho, Micron is building a second memory fabrication plant that will increase its DRAM production, with output scheduled to begin in 2027. Both Idaho facilities will be co-located with Micron’s R&D operations to improve efficiency and accelerate product development timelines. In Virginia, the company will expand and modernize its existing manufacturing fab in Manassas, supported by a $275 million CHIPS Act direct funding award.
These facilities will incorporate advanced packaging capabilities, particularly for HBM products essential to AI, and Micron has also announced plans to invest $50 billion in domestic R&D. Additionally, the company expects to receive up to $6.4 billion in CHIPS Act funding to support the construction of facilities in Idaho, New York, and Virginia.
Micron’s U.S. expansion strategy includes two high-volume fabs in Idaho, up to four in New York, and advanced R&D and manufacturing operations across multiple states, all aimed at securing a reliable domestic supply of semiconductors.
What people are saying
In a recent quote, Sanjay Mehrotra, Chairman, President and CEO, Micron Technology, said, “Micron's U.S. memory manufacturing and R&D plans underscore our commitment to driving innovation and strengthening the domestic semiconductor industry. This approximately $200 billion investment will reinforce America’s technological leadership, create tens of thousands of American jobs across the semiconductor ecosystem and secure a domestic supply of semiconductors—critical to economic and national security. We are grateful for the support from President Trump, Secretary Lutnick and our federal, state and local partners who have been instrumental in advancing domestic semiconductor manufacturing.”
Howard Lutnick, Secretary of Commerce, added, “President Trump has made it clear that the time to build in America is now. In partnership with the Department of Commerce, Micron is announcing a $200 billion semiconductor manufacturing and R&D investment to bring the full spectrum of memory chip production back to the United States. Micron’s planned investment will ensure the U.S. advances its lead across critical industries like AI, automotive, and aerospace & defense.”
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