President Trump Secures $200B Investment from Micron Technology for Memory Chip Manufacturing in the United States

<p>Today, the Department of Commerce announced that Micron Technology, Inc., the leading American semiconductor memory company, plans to invest $200 billion in&nbsp;semiconductor manufacturing and R&amp;D to dramatically expand American memory chip&nbsp;production. This announcement is part of the Trump Administration’s push to restore America’s&nbsp;manufacturing strength, advance America’s role as a technology leader, and put American workers&nbsp;first.</p><p>Micron is the only U.S.-based manufacturer of advanced memory chips, and its DRAM technology&nbsp;powers everything from artificial intelligence and high-performance computing to automotive and&nbsp;next-generation wireless devices. Currently, 100% of leading-edge DRAM production occurs&nbsp;overseas, primarily in East Asia.</p><p>Micron will build on its existing investments in Idaho and New York to construct a second state-of-the-art chip fabrication facility in Boise, Idaho. Micron will also expand and modernize their&nbsp;fabrication facility in Manassas, Virginia to onshore critical technology from Taiwan. This facility&nbsp;will greatly improve supply chain resiliency for automotive and industrial markets and the defense&nbsp;industrial base. Micron will bring advanced High Bandwidth Memory (HBM) packaging&nbsp;capabilities and R&amp;D to drive American technology leadership. Micron’s expanded $200 billion&nbsp;investment also includes up to two additional fabrication facilities in New York.</p><p>Previously, the Department of Commerce awarded up to $6.165 billion in CHIPS Act direct&nbsp;funding on December 10, 2024, as part of Micron’s commitment to build three fabrication facilities&nbsp;in Idaho and New York. Today’s expanded investment of $200 billion is accompanied by up to&nbsp;$275 million in incremental CHIPS Act direct funding. Together, these projects in Idaho, New&nbsp;York, and Virginia will create 90,000 jobs and reinforce the Trump Administration’s commitment&nbsp;to rebuilding American industry, spurring private-sector innovation, and putting America First.</p><p>“President Trump has made it clear that the time to build in America is now,” said Secretary of&nbsp;Commerce Howard Lutnick. “In partnership with the Department of Commerce, Micron is&nbsp;announcing a $200 billion semiconductor manufacturing and R&amp;D investment to bring the full&nbsp;spectrum of memory chip production back to the United States. Micron’s planned investment will&nbsp;ensure the U.S. advances its lead across critical industries like AI, automotive, and aerospace &amp;&nbsp;defense. And we’re doing it at a scale that secures American technology dominance for decades to come. Micron’s commitment to Idaho, New York, and Virginia is a huge win for our economy, our&nbsp;national security, and American workers.”</p><p>To support this investment, the United States Investment Accelerator will partner with Micron to&nbsp;provide white glove service to expedite permitting requirements. The Trump Administration has also streamlined the Biden Administration’s onerous policy requirements for the awards for Idaho,&nbsp;New York and Virginia.</p><p>”Micron’s U.S. memory manufacturing and R&amp;D plans underscore our commitment to driving&nbsp;innovation and strengthening the domestic semiconductor industry,” said Micron Chairman,&nbsp;President and CEO Sanjay Mehrotra. “This approximately $200 billion investment will reinforce&nbsp;America’s technological leadership, create tens of thousands of American jobs across the&nbsp;semiconductor ecosystem and secure a domestic supply of semiconductors—critical to economic&nbsp;and national security. We are grateful for the support from President Trump, Secretary Lutnick&nbsp;and our federal, state and local partners who have been instrumental in advancing domestic&nbsp;<br>semiconductor manufacturing.”</p>

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