United States Micron raises chip investment to $250bn
PUBLISHED Jul 9, 2026, 8:51 PM ET
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Micron Technology said on July 9 it will invest more than $250 billion in U.S. semiconductor manufacturing facilities and supply-chain infrastructure through 2035, increasing its previous $200 billion plan by $50 billion. The company highlighted its New York State manufacturing campus, which is running over a quarter ahead of schedule and, together with expansions in Idaho and Virginia, is expected to generate more than 90,000 U.S. jobs. Micron will also invest $3 billion in the domestic supply chain, including $500 million to upgrade GlobalWafers’ Sherman, Texas wafer plant, and aims to manufacture 40% of its DRAM output in the United States.
By Michael Grant | JQJO News
Timeline of Events
- June 2023 Micron announces $200bn U.S. plan
- Last year Earlier target previously increased $30bn
- Last month Micron reports $22bn advance orders
- July 9 2024 Investment target raised to $250bn
- July 9 2024 New York campus ahead of schedule
- July 9 2024 Idaho and Virginia expansions detailed
- July 9 2024 $3bn U.S. supply-chain investment announced
- July 9 2024 Long-term GlobalWafers supply deal signed
News Intelligence
- Micron's $250 billion investment means more jobs. Over 90,000 of them across New York, Idaho, and Virginia. Plus, a stronger U.S. tech supply chain. If you're job hunting or know someone who is, tech manufacturing could be worth a look.
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