Micron Announces $3 Billion U.S. Expansion Plan with Strategic Investment in GlobalWafers

Shares of Micron Technology (NASDAQ: MU) surged after the company announced a $3 billion investment to expand its domestic semiconductor production and secure silicon wafer supply through a partnership with GlobalWafers, including a 10-year supply deal. The move aims to bolster U.S.-based manufacturing for AI-driven demand.

By Joe Tenebruso, The Motley Fool Fri, July 10, 2026 at 12:50 AM GMT+3 2 min read · Yahoo Finance · July 9, 2026, 21:50 UTC

Tickers: $MU $NVDA

Topics: AI demand investment semiconductors supply chain

Read the full article at Yahoo Finance

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