Micron Technology announced plans to invest $2.17 billion to expand its semiconductor manufacturing facility in Manassas, Virginia. This investment is part of a broader commitment to inject $3 billion into the Manassas site by 2030, aiming to modernize the existing infrastructure.
The expansion is specifically designed to upgrade the facility for the production of state-of-the-present DRAM memories. This strategic move will enhance Micron's domestic manufacturing capabilities and support the growing demand for advanced memory solutions.
In addition to technological advancements, the project is expected to create 340 new jobs in the region. This investment underscores Micron's commitment to strengthening its U.S. operational footprint and contributing to the national semiconductor ecosystem.
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