Micron has announced that it will invest $250 billion in America as it lays down the first concrete for the New York DRAM Megafab.
Micron Aims To Make 40% of Its Total DRAM In America While Creating Over 90,000 Jobs Through A $250B Commitment
DRAM demand surge has boosted revenues of all major manufacturers, including Micron, as such, the company has laid down a $250 billion commitment through 2035, which will accelerate the AI segment fruther.
The initiative is simple: $250 billion of investments through 2035 towards major manufacturing and R&D centers across America. This long-term goal will achieve 40% of Micron's global DRAM production on US soil, while creating nearly 100,000 jobs in the country.
As part of this commitment, Micron celebrated the announcement with the first concrete pour milestone at its New York DRAM Megafab, which is located in Clay. The milestone is said to be achieved one quarter ahead of the original plan, and the construction will now go vertical. The company is also investing up to $3 billion in the development of a domestic semiconductor supply chain ecosystem.
Today, Micron Chairman, President and CEO Sanjay Mehrotra will host the concrete pour, joined by supplier partners and federal, state and local leaders, including U.S. Secretary of Commerce Howard Lutnick, New York Governor Kathy Hochul, Small Business Administration Administrator Kelly Loeffler, U.S. Chief Technology Officer Dr. Ethan Klein, Onondaga County Executive Ryan McMahon, U.S. Congressman John Mannion, U.S. Congresswoman Claudia Tenney, and Town of Clay Deputy Supervisor Joe Bick.
This commitment goes in line with US President Donald J Trump's "Made in the USA" policy, with major firms such as Intel, NVIDIA, and AMD all focusing on producing their chips domestically. TSMC has already laid out plans to build major fabs throughout the US in a bid to bring advanced manufacturing capabilities to the US.
“President Trump has made it clear that America is where you should build your business and the world is responding rapidly. Today, Micron pours the foundation on its massive semiconductor campus in upstate New York and increases its American investment commitment to $250 billion, creating nearly 100,000 jobs and providing leading-edge memory supply here in the United States,” said Commerce Secretary Howard Lutnick. “The Trump economic model clearly shows there has never been a better time to invest in the United States.”
Talking a bit about its major fabs, the ones in Idaho are said to be making rapid progress and are expected to have first wafer output by mid 2027 for the first fab and late 2028 for the second fab.
Micron is definitely going big with its manufacturing capabilities, which was a given considering just how massive the demand for DRAM and NAND is right now. The company is already engaged with several customers in what it refers to as "Strategic Customer Agreements," which are hard-locked deals to ensure that the committed memory supply is delivered to these high-level parties at a finalized rate within a 3-5 year timeframe.
Today’s milestone, pouring the first concrete at its New York DRAM Megafab ahead of schedule, symbolizes a new era of advanced manufacturing “Made in the USA.” With strong government support and surging demand, Micron’s ambitious expansion positions the United States at the forefront of next-generation memory technology.
About the author: A Software Engineer by training and a PC enthusiast by passion, Hassan Mujtaba serves as Wccftech's Senior Editor for hardware section. With years of experience in the industry, he specializes in deep-dive technical analysis of next-generation CPU and GPU architectures, motherboards, and cooling solutions. His work involves not only breaking news on upcoming technologies but also extensive hands-on reviews and benchmarking.
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