Thu, January 2, 2025
Wed, January 1, 2025

[ Wed, Jan 01st 2025 ]: FT

STI: Tri forces for 2025
Tue, December 31, 2024
Mon, December 30, 2024

Micron to invest $2.17 billion to expand U.S.-based memory production

  Copy link into your clipboard //science-technology.news-articles.net/content/2 .. llion-to-expand-u-s-based-memory-production.html
  Print publication without navigation Published in Science and Technology on , Last Modified on 2026-04-17 15:08:34 by MSN

Micron plans to invest $2.17 billion to expand its semiconductor facility in Manassas, Virginia, creating 340 jobs and boosting its U.S. semiconductor production capacity, said Governor Glenn Youngkin.

Micron Technology Inc. has announced a significant investment of $2.17 billion to expand its memory chip production in the United States, specifically at its facility in Boise, Idaho. This investment aims to enhance the production of dynamic random-access memory (DRAM) chips, which are crucial for various electronic devices. The expansion is part of a broader initiative to strengthen domestic semiconductor manufacturing capabilities, supported by the U.S. government's CHIPS and Science Act. This act provides funding to boost local production and reduce reliance on foreign semiconductor supplies. The project is expected to create numerous jobs, both directly at Micron and indirectly through its supply chain, and will help in securing a more resilient supply chain for memory chips, vital for national security and economic competitiveness.

Read the Full MSN Article at:
https://www.msn.com/en-us/money/markets/micron-to-invest-2-17-billion-to-expand-u-s-based-memory-production/ar-AA1wLLf3