Micron raises US chip investment to $200 billion, adds new Idaho plant, aims to capture 10% global share with Trump backing
US semiconductor giant Micron Technology on Thursday announced it is expanding its domestic investment to $200 billion, supported by the Trump administration, in a major push to strengthen America's chip manufacturing and supply chain resilience.
The revised plan includes an additional $30 billion over previous commitments and features the construction of a second cutting-edge memory chip fabrication facility in Boise, Idaho. The Idaho-based firm said the broader investment will allocate $150 billion for manufacturing and $50 billion for R&D over the coming years, generating an estimated 90,000 direct and indirect jobs across several US states, AFP reported.
The move aligns with the Trump administration's push to secure large-scale investments from technology firms and revive US industrial capacity. Trump has repeatedly urged companies to expand domestic manufacturing and has warned of steep tariffs on imports to spur local production.
Micron's announcement also includes modernization of its existing plant in Manassas, Virginia, and the addition of end-to-end High Bandwidth Memory (HBM) manufacturing in the US—critical to national defense and AI applications.
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The investment drew praise from major US tech leaders. Nvidia CEO Jensen Huang called it 'an important step forward for the AI ecosystem,' while Apple's Tim Cook said it was 'another great example of American manufacturing leadership.'
Micron aims to raise the US share of global memory chip production from near zero to 10% over the next decade.
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