Micron Technology announced ambitious plans to significantly expand its U.S. investments in domestic memory manufacturing and research and development (R&D), totaling approximately $200 billion. This substantial commitment includes about $150 billion for manufacturing and $50 billion for R&D.
These extensive U.S. investments are supported by grants of up to $6.4 billion from the U.S. CHIPS Act, along with additional state incentives. The funding is crucial for establishing and expanding leading-edge memory fabs, positioning Micron to meet anticipated long-term demand.
This strategic move underscores Micron's dedication to strengthening its operational footprint within the United States and enhancing its technological leadership. The investments are expected to drive future growth and bolster the domestic semiconductor supply chain.
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