Reported 2 days ago
Micron Technology Inc. has announced a significant $200 billion investment aimed at enhancing its US manufacturing and R&D capabilities, in line with initiatives to increase domestic chip production. The investment includes $150 billion for manufacturing expansion—featuring new plants in Idaho and New York—and $50 billion for research and development. Micron plans to produce 40% of its DRAM memory in the US by 2027, with a strong focus on advanced memory products crucial for AI data centers.
Source: YAHOO