technology
Micron Increases Planned U.S. Investment to Over $250 Billion Through 2035
Micron Technology increased its U.S. investment commitment to more than $250 billion through 2035. The projects are projected to create over 90,000 jobs while accelerating existing fab and technology work.
Jul 9, 8:49 AM·1m read2 sources
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Micron raised its planned U.S. investment to more than $250 billion through 2035 while accelerating fab and technology projects already under way. The company set a target of producing 40 percent of its DRAM output in the United States.
The projects are projected to create more than 90,000 jobs. Separately, Micron said it will invest up to $3 billion to strengthen the domestic semiconductor supply-chain ecosystem. Shares of the company extended gains to more than 6 percent on the day of the announcement.
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