• Micron increases its U.S. investment to $200 billion, emphasizing domestic semiconductor production.
• The investment includes $30 billion in additional funding and plans for new facilities in Idaho and Virginia.
• Micron aims to produce 40% of its DRAM in the U.S. to meet rising market demand.
• The move aligns with President Trump's initiative to bolster U.S. manufacturing and supply chains.
• Major tech leaders express support, framing this as a crucial development for the AI ecosystem.

Micron Technology has announced a significant increase in its planned U.S. investments, raising the total to approximately $200 billion. This expansion includes an additional $30 billion aimed at enhancing domestic semiconductor production amidst ongoing pressures from President Donald Trump to boost U.S. investments and threats of new tariffs on imported semiconductors, according to Channel News Asia, India Times, and Reuters.

The investment plan comprises about $150 billion allocated for manufacturing operations and $50 billion for research and development. Micron will construct a second advanced memory fabrication facility in Boise, Idaho, and expand its existing plant in Manassas, Virginia, which is part of a broader strategy to meet the increasing demand for its DRAM chips essential for various applications including artificial intelligence, automotive, and industrial sectors, as highlighted by India Times and Channel News Asia.

Micron's initiative is also seen as a response to the Trump administration's call for large-scale domestic manufacturing to reduce reliance on international suppliers. The company plans to capture a 10% share of the global memory chip market within the next decade, further supported by collaboration with tech giants like Nvidia, who praised the investment as vital for the AI ecosystem, according to India Times, Reuters, and India Times.

Moreover, these investments are projected to generate approximately 90,000 jobs across multiple states, reflecting the potential economic impact of Micron's expansion. This extensive financial commitment also includes critical advancements in High Bandwidth Memory (HBM) technologies, which are increasingly crucial for artificial intelligence applications, aligning with broader industry trends and government goals focused on national security and technological advancement, reports Reuters, Channel News Asia, and India Times.