Micron Technology has announced a massive acceleration of its domestic manufacturing strategy, raising its planned US capital expenditure to more than 250,000,000,000 dollars through 2035. This expanded investment plan is designed to meet the surging global demand for memory hardware utilized in artificial intelligence applications. According to official corporate statements, the initiative is anchored by a major construction milestone in New York and a strategic 3,000,000,000 dollar investment to fortify the domestic supply chain ecosystem.
A key element of this supply chain initiative is a direct partnership with GlobalWafers. Micron is providing 500,000,000 dollars in strategic financing to support the construction of the GlobalWafers 300mm raw silicon wafer factory in Sherman Texas. Alongside this financial backing, the 2 companies have entered into a 10 year supply agreement. This contract guarantees Micron a steady supply of raw silicon wafers, which are the foundational material needed to manufacture advanced memory chips on American soil. GlobalWafers remains the only silicon supplier in the federal semiconductor program capable of manufacturing these advanced 300mm wafers domestically.
Securing a reliable supply of critical input materials is essential to supporting Micron’s long term growth and technology roadmap, said Ben Tessone, senior vice president and chief procurement officer at Micron Technology.
In Clay New York, Micron has transitioned from initial site preparation to vertical construction after pouring the first concrete foundation for what will become the largest semiconductor manufacturing campus in the country. The milestone was reached more than 1 quarter ahead of schedule. The New York project represents the largest private investment in the history of the state, with expectations to generate up to 50,000 local jobs, including 9,000 direct positions at Micron. The company has already awarded over 675,000,000 dollars to contractors and suppliers based throughout New York.
This domestic expansion is tied to Micron’s operational goal of producing 40% of its global DRAM supply within the United States. To support this objective, the company is also making rapid progress on its manufacturing facilities in Boise Idaho, where the first wafer output is expected in 2027. Additionally, initial production of its 1 alpha DDR4 technology has already launched at its site in Virginia to serve automotive and defense customers.
Today, Micron pours the foundation on its massive semiconductor campus in upstate New York and increases its American investment commitment to 250,000,000,000 dollars, creating nearly 100,000 jobs, said US Commerce Secretary Howard Lutnick, highlighting the scale of the expansion.
The massive scale of these combined projects has drawn strong support from federal and state officials who view domestic chip manufacturing as a vital component of national security. By producing advanced memory chips and securing the raw silicon supply chain domestically, Micron aims to reduce reliance on foreign supply chains. The investments are supported by federal semiconductor grants and tax credits, reflecting a coordinated effort between private industry and public policy to rebuild industrial dominance in critical technology sectors.
Beyond factory construction, the collaboration between Micron and GlobalWafers will extend to research and development. The 2 companies intend to co-develop next generation wafer technologies to support future semiconductor manufacturing requirements, ensuring the domestic supply chain remains at the forefront of technological innovation.
