Business · 1h ago
Micron invests $500M in US wafer plant, boosts total spending to $250B
Micron will invest up to $3 billion in the US semiconductor supply chain, including $500 million in GlobalWafers' 300mm wafer plant. The company has now raised its total US spending commitment to $250 billion. This move aims to strengthen domestic chip manufacturing amid global supply chain concerns.
Meridian48 take
The investment underscores the ongoing reshoring of semiconductor production, but the $250B figure includes previously announced plans, so the new money is relatively modest.
Read the full reporting
Micron lifts U.S. spending to $250 billion — company takes $500 million position in America's only 300 mm wafer plant →
Tom's Hardware
semiconductorsmanufacturing