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President Trump Secures $200B Investment fromTrump Administration Restores Chipma Micron Technology for Memory Chip Manufacturing in the United States

Daniel Nenni

Admin
Staff member
Commerce News Banner

FOR IMMEDIATE RELEASE
Thursday, June 12, 2025
Media Contact:

Office of Public Affairs, publicaffairs@doc.gov

Trump Administration Restores Chipmaking Leadership in the United States
with Historic Investment in Idaho, New York, and Virginia

-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 state-of-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."
 
Over how many years though if i had to guess it would be 5-7 ears.

I remember when the pandemic hit and the chip shortages spawned many press releases about onshoring fabs worth hundreds of billions of dollars. This was two years ago and the rate of cancelations has been quite high. When the current administration leaves in 3.5 years I predict the same. TSMC fab builds will continue but unless the semiconductor whales diversify manufacturing it will only be TSMC and China new building fabs. Just my opinion of course.
 
200 B$ * 0.04 = 8 Billion when using the Trump coercion formula. Micron only got 6.165 + some change = 0.275 < 8 B. I think Trump was out of Chips Act Biden money !!

TSMC got 4% from Trump/Lutnick!! TSMC just had to increase their promise from 65B to 165B to keep their Biden-chips act contract money of 6.6 B.

TSMC clearly knows how to play the Trump-coercion fiddle..........like China knows how to play this with the rare earth.......it's really a comic show; everyone in the world understands, only Trump thinks he has leverage........anyone else just plays the (strategic) fiddle.

Sad after 250 years of building up a certain reputation.........
 
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I think this means EUV-enabled DRAM (14nm) and possibly NAND.

TSMC has proven you can profitably build EUV-based fabs in the USA, with the subsidy relatively small < 10%.

All good news. DRAM fabs are all about volume and scale, the investment numbers are high to be competitive, and it seems they aim to be competitive while onshoring.
 
I think this means EUV-enabled DRAM (14nm) and possibly NAND.

TSMC has proven you can profitably build EUV-based fabs in the USA, with the subsidy relatively small < 10%.

All good news. DRAM fabs are all about volume and scale, the investment numbers are high to be competitive, and it seems they aim to be competitive while onshoring.

Operating income of Micron in 2024 was 1.3 B$ (5%) on revenue of 25 B$ (gross margin 22%):
https://investors.micron.com/news-r...inc-reports-results-fourth-quarter-and-full-7

Investing 200 B$, who believes that? Perhaps a 5 year old who believes in Santa Claus......well Lutnick makes Trump believe it, that's all that counts for Lutnick.

Lutnick appears so dumb/corrupted, with no integer core, and someone who talks way above his competence level. Just look at Lutnick's face, while he was being interviewed together with Greer after the Chinese talks ended in London. Lutnick was talking and talking (with Trump supposedly his audience), and looked sideways somewhat sheepishly to Greer, just to see if he wasn't talking such nonsense sales pitch for Trump, that even Greer could be thinking it was too stupid. But Greer (smart) just looked straight and serious down. Comic duo, hilarious.

But sad the level of incompetence in US administration, no core.

 
It’s good that an American company has leading edge memory fabs being built in America.

But $200B? Hah. Apple is “investing $500B”, so beat that! :rolleyes:
 
I remember when the pandemic hit and the chip shortages spawned many press releases about onshoring fabs worth hundreds of billions of dollars. This was two years ago and the rate of cancelations has been quite high. When the current administration leaves in 3.5 years I predict the same. TSMC fab builds will continue but unless the semiconductor whales diversify manufacturing it will only be TSMC and China new building fabs. Just my opinion of course.
Agreed. These announcements are clearly being made to placate the trump admin
 
200 B$ * 0.04 = 8 Billion when using the Trump coercion formula. Micron only got 6.165 + some change = 0.275 < 8 B. I think Trump was out of Chips Act Biden money !!

TSMC got 4% from Trump/Lutnick!! TSMC just had to increase their promise from 65B to 165B to keep their Biden-chips act contract money of 6.6 B.

TSMC clearly knows how to play the Trump-coercion fiddle..........like China knows how to play this with the rare earth.......it's really a comic show; everyone in the world understands, only Trump thinks he has leverage........anyone else just plays the (strategic) fiddle.

Sad after 250 years of building up a certain reputation.........

Through this "new" arrangement, Micron is increasing its planned expansion from the $50 billion announced April 2024 during the Biden administration to a whopping $200 billion! Last year Micron said it will complete that $50 billion expansion by 2030. Now with the $200 billion announcement, are they aiming 2045?

I hope all the bloggers today on SemiWiki can join Micron's celebration in 2045.

Many of these recent announcements are either repackaged versions of previously announced projects under the Biden administration (with some additional private investments added) or new investment initiatives that lack credibility or a clear timeline. They often have no target delivery dates or measurable milestones, let alone any consequences if the companies fail to deliver.

Some may have thought the Biden administration was too strict in reviewing each CHIPS Act application, requiring delivery timelines and specific milestones. But under the current Trump administration, it feels more like a competition of who can blow the most hot air.
 
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