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FOR IMMEDIATE RELEASE
Thursday, June 12, 2025
Media Contact:
Office of Public Affairs, publicaffairs@doc.gov
President Trump Secures $200B Investment from Micron Technology for Memory Chip Manufacturing in the United States
Washington, D.C. — Today, the Department of Commerce announced that Micron Technology,
Inc., the leading American semiconductor memory company, plans to invest $200 billion in
semiconductor manufacturing and R&D to dramatically expand American memory chip
production. This announcement is part of the Trump Administration’s push to restore America’s
manufacturing strength, advance America’s role as a technology leader, and put American workers
first.
Micron is the only U.S.-based manufacturer of advanced memory chips, and its DRAM technology
powers everything from artificial intelligence and high-performance computing to automotive and
next-generation wireless devices. Currently, 100% of leading-edge DRAM production occurs
overseas, primarily in East Asia.
Micron will build on its existing investments in Idaho and New York to construct a second stateof-the-art chip fabrication facility in Boise, Idaho. Micron will also expand and modernize their
fabrication facility in Manassas, Virginia to onshore critical technology from Taiwan. This facility
will greatly improve supply chain resiliency for automotive and industrial markets and the defense
industrial base. Micron will bring advanced High Bandwidth Memory (HBM) packaging
capabilities and R&D to drive American technology leadership. Micron’s expanded $200 billion
investment also includes up to two additional fabrication facilities in New York.
Previously, the Department of Commerce awarded up to $6.165 billion in CHIPS Act direct
funding on December 10, 2024, as part of Micron’s commitment to build three fabrication facilities
in Idaho and New York. Today’s expanded investment of $200 billion is accompanied by up to
$275 million in incremental CHIPS Act direct funding. Together, these projects in Idaho, New
York, and Virginia will create 90,000 jobs and reinforce the Trump Administration’s commitment
to rebuilding American industry, spurring private-sector innovation, and putting America First.
“President Trump has made it clear that the time to build in America is now,” said Secretary of
Commerce Howard Lutnick. “In partnership with the Department of Commerce, Micron is
announcing a $200 billion semiconductor manufacturing and R&D investment to bring the full
spectrum of memory chip production back to the United States. Micron’s planned investment will
ensure the U.S. advances its lead across critical industries like AI, automotive, and aerospace &
defense. And we’re doing it at a scale that secures American technology dominance for decades to
come. Micron’s commitment to Idaho, New York, and Virginia is a huge win for our economy, our
national security, and American workers.”
To support this investment, the United States Investment Accelerator will partner with Micron to
provide white glove service to expedite permitting requirements. The Trump Administration has
also streamlined the Biden Administration’s onerous policy requirements for the awards for Idaho,
New York and Virginia.
"Micron's U.S. memory manufacturing and R&D plans underscore our commitment to driving
innovation and strengthening the domestic semiconductor industry," said Micron Chairman,
President and CEO Sanjay Mehrotra. “This approximately $200 billion investment will reinforce
America’s technological leadership, create tens of thousands of American jobs across the
semiconductor ecosystem and secure a domestic supply of semiconductors—critical to economic
and national security. We are grateful for the support from President Trump, Secretary Lutnick
and our federal, state and local partners who have been instrumental in advancing domestic
semiconductor manufacturing."
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