- Micron will invest $200B in domestic semiconductor production—quadrupling previous commitments—with $150B for manufacturing and $50B for R&D.
- The plan includes a new fab in Idaho, two in New York, and expansion of its Virginia facility, aiming to support 90K jobs nationwide.
- The Commerce Department renegotiated a $6.1B CHIPS Act agreement, adding $275M in new support and pledging expedited permitting.
- The move is part of a broader federal strategy under the Trump administration to bolster tech leadership and fast-track large-scale investments.
Doubling Down On Domestic Chips
Micron Technology, the largest memory chipmaker in the US, is scaling up its investment in American semiconductor manufacturing to $200B, as reported by Bisnow. The company announced Thursday it will expand existing operations and build new facilities across three states—Idaho, New York, and Virginia—on the heels of a renegotiated CHIPS Act funding deal with the Commerce Department.
This marks a sharp increase from the company’s prior $50B pledge, as federal officials fast-track projects deemed critical to economic and national security.
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Where The Money Is Going
Of the $200B:
- $150B is earmarked for domestic chip fabrication.
- $50B will go toward research and development.
- New construction includes a second fab in Idaho and two more in upstate New York.
- Expansion plans cover its existing site in Manassas, Virginia.
Micron expects to begin producing dynamic random access memory (DRAM) in Idaho by 2027.
Political Momentum
The funding boost follows President Trump’s directive for Commerce Secretary Howard Lutnick to revise prior CHIPS Act agreements. As a result, Micron received a $275M increase in CHIPS Act funding and, additionally, promises of expedited federal permitting support.
Policy Support And Industry Impact
The House recently passed a 2026 budget expansion of the CHIPS Act, proposing new tax breaks for manufacturing-related real estate. If passed by the Senate, this could further accelerate reshoring efforts across the semiconductor sector.
Why It Matters
Semiconductors are central to national security, and Micron’s investment is a cornerstone in the US’s push to regain chipmaking dominance. By scaling up its domestic presence, the company is thus positioning itself and the country for long-term strength and resilience.
As Commerce Secretary Lutnick put it: “Micron’s commitment is a huge win for our economy, our national security, and American workers.”