Micron Technology has raised its planned US fab and technology investment to more than $250 billion through 2035, citing surging demand for memory driven by AI. The increase supports the company's long-term goal of producing 40% of its DRAM output domestically as its New York fab breaks ground ahead of schedule.
Micron cites surging AI-driven memory demand for the commitment.
https://x.com/MicronTech/status/2075204159796883664
New York fab construction has broken ground ahead of schedule.
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