Micron Boosts Domestic Investment with Pouring $250 Billion and Securing Critical Supply Chains

Localization Strategy Accelerates with Domestic DRAM Capacity Target Set at 40%

Micron Technology announced that, driven by surging memory demand from the AI wave, the company will accelerate its wafer fab and technology investment pace in the US, with cumulative investment expected to exceed $250 billion by 2035. Micron had previously projected $200 billion in investments, and the latest plan represents a $50 billion increase over that figure. This investment program will support its long-term goal of producing 40% of its DRAM in the U.S. while creating additional good-paying direct and indirect jobs. 

US Fab Construction Accelerates While Domestic Supply Chain Deployment Deepens

Capacity rollout continues to pick up pace. The announcement comes as Micron celebrates the first concrete pour milestone at its Clay, New York site, which occurs more than one quarter ahead of the original plan and marks the transition from site preparation to vertical construction. 

Micron also officially announced plans to invest up to $3 billion to bolster the US domestic semiconductor supply chain ecosystem and reinforce its manufacturing footprint in the US market. The investment focuses on securing key manufacturing material supplies, improving supporting production systems, and upgrading technological innovation capabilities — effectively accommodating incremental demand from AI and various data-intensive applications for advanced memory chips and storage solutions, while further enhancing the company's production flexibility and supply chain stability.

$500 Million Strategic Investment & Ten-year Wafer Supply Assurance

To secure supply chain safety and production stability at the source, Micron announced it will provide $500 million in strategic financing support to GlobalWafers, with a primary focus on its 300mm silicon wafer manufacturing facility in Sherman, Texas — helping the plant upgrade R&D technologies and expand production scale. At the same time, the two parties have reached a broad consensus on deepening long-term cooperation and will sign a ten-year wafer supply agreement to ensure Micron obtains sufficient silicon wafer capacity to match its future production plans. Ben Tessone, Micron's Senior Vice President and Chief Procurement Officer, noted that a reliable supply of critical raw materials is the foundation of the company's long-term growth and technology roadmap, and that this collaboration will deepen synergy with core suppliers to jointly build a more resilient US semiconductor manufacturing infrastructure.

Deepening Tech Innovation and Pioneering Next-Gen Wafer Process R&D

Micron's partnership with GlobalWafers extends beyond capacity and supply chain execution to also focus on future industry technology trends. The two parties will leverage their respective technological and capacity strengths to jointly explore next-generation wafer technology R&D and manufacturing process innovations, strategically addressing the technology demands of future semiconductor production scenarios, and building core technological capabilities for long-term industrial upgrades and product iterations. Micron added that the proposed transaction remains subject to definitive agreements, customary approvals and closing conditions.