Micron Announces $200B U.S. Investment to Boost DRAM Production Amid AI Demand Surge

Micron Technology (MU) has unveiled plans to invest $200 billion in U.S. semiconductor manufacturing, targeting 40% domestic DRAM production. The expansion includes six new fabrication plants—two in Idaho and four in New York—alongside upgrades to a Virginia facility and advanced packaging R&D projects. First-phase production in Idaho is slated for 2027, with a strategic focus on supplying AI-driven markets.

The initiative secures bipartisan support through the Advanced Manufacturing Investment Credit, with Commerce Secretary Howard Lutnick framing it as critical for U.S. competitiveness in AI, aerospace, and defense sectors. Micron CEO Sanjay Mehrotra emphasized the MOVE as both an industrial commitment and a geopolitical imperative, noting existing government partnerships at multiple levels.