Micron and Trump Administration Announce Expanded U.S. Investments in Leading-Edge DRAM Manufacturing and R&D

Core Viewpoint - Micron Technology plans to invest approximately $200 billion in semiconductor manufacturing and R&D in the U.S., aiming to enhance domestic memory supply and technology leadership, particularly in response to anticipated AI-driven demand [1][5][6]. Group 1: Investment Plans - Micron's investment includes $150 billion for domestic memory manufacturing and $50 billion for R&D, expected to create around 90,000 direct and indirect jobs [1][2]. - The investment will support the construction of two leading-edge high-volume fabs in Idaho, up to four in New York, and the expansion of the existing facility in Virginia [2][4]. - An additional $30 billion investment will be allocated for building a second memory fab in Idaho and modernizing the Virginia facility [1][4]. Group 2: Production and Capabilities - Micron's first Idaho fab is on track to begin DRAM output in 2027, with the second fab expected to come online before the first New York fab [3]. - The company plans to introduce advanced High Bandwidth Memory (HBM) packaging capabilities in the U.S. following the completion of the second Idaho fab [4]. - The investment aims to enable Micron to produce 40% of its DRAM in the U.S., driving economies of scale and faster time to market for leading-edge products [2][3]. Group 3: Government and Industry Support - The investment is supported by up to $6.4 billion in CHIPS Act direct funding, which will aid the construction of the fabs and the expansion of the Virginia facility [5][6]. - Industry leaders, including CEOs from Microsoft, NVIDIA, Apple, and AMD, have expressed strong support for Micron's initiative, highlighting its importance for innovation and competitiveness in the semiconductor industry [7][8][10][11]. Group 4: Workforce Development - Micron has committed over $325 million to develop the next-generation workforce and strengthen communities across Idaho, New York, and Virginia, focusing on semiconductor curriculum development and partnerships for apprenticeships [11].