Micron Technology Inc. announced plans to invest $200 billion in US-based manufacturing and research and development, marking one of the most significant domestic commitments by a semiconductor company in recent years, Bloomberg reports.
The investment includes $150 billion designated for expanding domestic manufacturing capabilities and $50 billion for research and development, according to a statement released Thursday. The move comes as several technology companies ramp up their US operations following President Donald Trump’s re-election and the administration’s renewed emphasis on domestic industry and supply chain resilience.
Micron’s latest commitment represents an additional $30 billion in spending beyond its earlier pledges, including plans for a new memory chip manufacturing facility in Boise, Idaho. The company had previously announced a $125 billion investment roadmap, although parts of that were slowed down in 2023 amid market uncertainty.
The company did not specify a precise timeline for completing the $200 billion investment but noted that its annual capital expenditures in recent years have ranged between $7 billion and $12.5 billion.
Despite the announcement, Micron shares dipped 1.1% in premarket trading in New York, reflecting cautious investor sentiment.
Micron’s expanded plans align with a broader push by both the public and private sectors to boost domestic semiconductor production, reduce reliance on foreign supply chains, and support technological leadership in key areas such as memory chips and advanced computing.
