Micron announces $30 billion investment in America as scare of Trump Tariffs loom, says: These investments are designed to allow ...
Micron Technology, a leading memory chip manufacturer, announced Thursday an additional $30 billion investment in U.S. operations, bringing its total planned investment to $200 billion.
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The expansion comes as President Donald Trump pressures companies to increase domestic production and threatens new tariffs on semiconductors, while also signaling plans to renegotiate or potentially dismantle the 2022 CHIPS and Science Act.
The new investment will fund a second advanced memory fabrication facility in Boise, Idaho, and the expansion of Micron's manufacturing plant in Manassas, Virginia. The company aims to meet rising demand for its
DRAM chips
, critical for personal computing, automotive, industrial applications, wireless communications, and artificial intelligence.
Micron's High-Bandwidth Memory (HBM) chips are particularly vital for next-generation AI models, a point emphasized by Nvidia CEO Jensen Huang, who called the investment 'an important step forward for the AI ecosystem.'
Micron's announcement builds on its earlier commitments of $100 billion for a New York manufacturing hub and $25 billion for Idaho facilities. In December, the U.S. Commerce Department, under former President Joe Biden, awarded Micron nearly $6.2 billion in subsidies—one of the largest grants under the $52.7 billion CHIPS Act—to support semiconductor production in these states.
Additionally, Micron finalized a $275 million direct funding award to expand its Manassas facility.
However, the future of such subsidies remains uncertain. President Trump has repeatedly criticized the
CHIPS Act
and threatened to repeal it. Commerce Secretary Howard Lutnick confirmed last week that the administration is reviewing grants awarded to semiconductor firms, including Micron, as part of efforts to renegotiate terms.
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Micron also plans to allocate $50 billion to research and development, focusing on advanced memory manufacturing and HBM capabilities. The company aims to produce 40% of its DRAM in the U.S., aligning with growing market demand and strengthening its position in the global semiconductor market.
The announcement follows Nvidia's April pledge to invest up to $500 billion in U.S.-based AI server production over the next four years, in collaboration with partners like Taiwan's TSMC.
As a key Nvidia customer, Micron's expanded U.S. operations are poised to support the booming AI sector, despite uncertainties surrounding federal support and trade policies.
Micron's investments signal a robust commitment to bolstering U.S.
semiconductor manufacturing
, even as the industry navigates political and economic challenges.
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