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Micron boosts U.S. investment to $250B, marks early construction milestone at largest U.S. semiconductor fab in New York

Market News
09 Jul 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Micron Technology is accelerating its U.S. investment plan, raising spending to over $250 billion through 2035 to meet growing AI-driven memory demand. The company celebrated pouring the first concrete at its Clay, New York site, marking a key construction milestone ahead of schedule for what will be the largest semiconductor manufacturing facility in U.S. history. This expansion aims to produce 40% of Micron's DRAM in the U.S. and create up to 50,000 jobs in New York alone. Micron is also investing up to $3 billion to strengthen the domestic semiconductor supply chain, supporting national technology leadership and economic growth.

More News (MU)

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