Overview
- The $200 billion commitment allocates $150 billion to domestic memory production and $50 billion to research and development, building on a prior $6.165 billion CHIPS Act award.
- Micron will construct a second leading-edge memory fabrication plant in Boise, Idaho, and upgrade its Manassas, Virginia site to add full High Bandwidth Memory manufacturing capabilities.
- Up to $275 million in incremental CHIPS Act direct funding from the Trump Administration will support expanded fabrication projects in Idaho, New York and Virginia.
- The expansion is projected to create 90,000 direct and indirect jobs across multiple states, bolstering local economies and the domestic semiconductor workforce.
- Officials aim to increase the U.S. share of global memory chip output from nearly zero to 10 percent within a decade, enhancing supply resilience for AI, automotive and defense sectors.