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Micron to invest $3B to boost U.S. semiconductor supply chain and expand wafer manufacturing.

Company Fundamentals
09 Jul 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Micron Technology announced a $3 billion investment to strengthen the U.S. semiconductor supply chain, including $500 million to support GlobalWafers' 300mm wafer manufacturing facility in Texas. This move aims to secure reliable supply of critical materials, enhance supply chain resilience, and support growing demand for advanced memory driven by AI and data applications. The companies will also enter a 10-year supply agreement and explore future technology collaborations. This investment aligns with U.S. government efforts to boost domestic semiconductor manufacturing and create jobs.

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