Micron Technology is pouring up to $3 billion into its semiconductor manufacturing facility in Manassas, Virginia, upgrading production lines to churn out advanced DRAM and high-bandwidth memory (HBM) chips. The investment, revised upward from an earlier projection of $2.17 billion, is part of a broader $200 billion commitment to domestic chip manufacturing.
The expansion will create roughly 340 new jobs at the Manassas facility, where Micron has operated since 2002. It is backed by federal incentives through the CHIPS Act and up to $70 million from the state of Virginia.
The bigger picture: $200 billion and the CHIPS Act
This Virginia project is one piece of a much larger puzzle. Micron has committed approximately $200 billion to US-based semiconductor infrastructure, a figure detailed around mid-2025 that includes new fabrication facilities in New York and Idaho. The CHIPS Act, signed into law in 2022, provides the federal incentive framework that makes investments of this scale financially viable for chipmakers.
Micron CEO Sanjay Mehrotra has emphasized the importance of bipartisan support for US technology leadership.
