Semiconductor giant Micron Technology has announced a staggering additional $30 billion investment in US chip manufacturing, bringing its total planned US investment to a monumental $200 billion! This bold move directly responds to President Trump’s push for increased domestic semiconductor production and promises to reshape the American tech landscape.

This massive investment is expected to generate approximately 90,000 new jobs across the country, a significant boost to the US economy. The plan includes the construction of two state-of-the-art semiconductor fabrication plants in Idaho, focused on producing advanced high-bandwidth memory (HBM) – a critical component for the rapidly expanding field of Artificial Intelligence (AI).

Furthermore, Micron is considering up to four additional fabrication plants in New York, solidifying its commitment to US manufacturing. The Idaho plants will bring advanced HBM manufacturing to American soil, directly supporting AI developers who rely on cutting-edge computer memory solutions. This strategic move positions the US as a leading force in the global AI race.

Micron’s ambitious investment signifies a major win for the US tech sector and underscores the growing importance of domestic semiconductor manufacturing in the global technological competition. This influx of investment and job creation could prove transformative for the US economy and solidify its position as a leader in AI and advanced computing.