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Dive Brief:
Micron Technology is increasing its U.S. commitment to spend more than $250 billion through 2035, fueled by soaring demand for its dynamic random-access memory products, according to a press release Thursday.
Additionally, the company is spending up to $3 billion to fortify the domestic semiconductor supply chain. That investment isn’t part of Micron’s increased pledge, a company spokesperson said in an email.
The announcement comes as Micron completed worksite less than six months ahead of schedule, shifting to vertical construction of its $100 billion semiconductor fabrication campus in Clay, New York.
