Micron Technology Inc. (NASDAQ:MU) CEO Sanjay Mehrotra said Thursday the company has increased its planned U.S. manufacturing and research investment to more than $250 billion, expanding its commitment to domestic memory production and semiconductor supply chain capacity.
Investment Commitment Grows
Mehrotra said in a post on X that Micron’s investment supports the company’s goal of producing 40% of its dynamic random-access memory (DRAM) chips in the U.S. while creating more than 90,000 jobs.
The company’s increased investment expands on Micron’s earlier commitment of more than $200 billion for U.S. manufacturing and R&D.
Earlier this month, Micron said its $250 million commitment to the Trump Accounts program complemented the company’s investment plans.
