Micron Announces $250 Billion Investment Plan for U.S.-Based Semiconductor Manufacturing by 2035
Micron Technology (NASDAQ:MU) announced a significant investment plan of over $250 billion in the United States through 2035 to expand domestic semiconductor manufacturing, driven by rising demand for AI memory chips. The company also plans an additional $3 billion to strengthen its supply chain and reduce reliance on overseas suppliers.
Tickers: $MU
Topics: AI Chips Semiconductors U.S. Manufacturing