Micron boosts U.S. investment to $250B+ through 2035, begins construction at New York fab

Micron Technology, Inc. (Nasdaq: MU) today announced it is accelerating its planned U.S. fab and technology investments and increasing its expected spend to more than $250 billion through 2035, driven by surging demand for memory in the AI era.

Micron anticipates that the increase in investments will support its long-term goal of producing 40% of its DRAM in the U.S. while creating additional good-paying direct and indirect jobs.

The expanded investment reflects Micron's confidence in its technology leadership and continued demand for its leading-edge memory products.