Micron Increases U.S. DRAM Production Target and Investment Plan
Micron Technology (MU) announced it will raise its planned U.S. investment to over $250 billion through 2035, up from a previous commitment of around $200 billion. The company is accelerating construction on a new megafab in Clay, New York and cited ongoing memory shortages as the primary driver for this expansion.
Tickers: $MU
Topics: DRAM Production Semiconductors Supply Chain U.S. Manufacturing