Micron to Expand US Investment to Over $250 Billion by 2035

CoinFeed July 9 news, Micron Technology today announced that driven by surging demand for memory in the AI era, the company is accelerating its wafer fab and technology investment plans in the United States, and expects to increase its investment to over $250 billion by 2035. Micron expects that the increased investment will support its long-term goal of producing 40% of its DRAM domestically in the US, while creating more direct and indirect high-paying jobs. The expansion of investment scale underscores Micron's confidence in its technology leadership and the sustained market demand for its cutting-edge memory products. Micron also plans to invest up to $3 billion to develop the domestic semiconductor supply chain ecosystem to support its US manufacturing layout.