Trump Administration Restores Chipmaking Leadership in the U.S. with Historic $200B Investment

Highlights:

• Micron to invest $200 billion in U.S. semiconductor manufacturing and R&D.
• Expansion to include major facilities in Idaho, New York, and Virginia.
• Project will create 90,000 jobs and support national security and AI innovation.
• Trump administration streamlines CHIPS Act awards and regulations.
• Micron receives additional $275 million in federal funding.

According to the U.S. Department of Commerce, the Trump administration has secured a landmark $200 billion investment from Micron Technology, Inc. to restore domestic leadership in memory chip manufacturing. This strategic move aims to return core semiconductor production from overseas to American soil and strengthen national security through technological self-reliance.

Micron, the only U.S.-based advanced memory chip producer, will dramatically expand its operations with the construction of a second fabrication plant in Boise, Idaho. Simultaneously, its existing site in Manassas, Virginia will undergo modernization to localize critical technology currently dependent on Taiwan, significantly enhancing America’s supply chain resiliency for industrial and defense markets.

The plan also includes the construction of up to two additional chip fabrication facilities in New York. These sites will focus on advancing High Bandwidth Memory (HBM) packaging and innovation, vital for sectors including AI, high-performance computing, and automotive systems.

The announcement follows a prior commitment by the Department of Commerce to provide up to $6.165 billion in CHIPS Act funding as of December 10, 2024. In support of this expanded $200 billion initiative, an additional $275 million in direct federal assistance will be allocated under the CHIPS Act.

“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. This scale of commitment secures American technology dominance for decades to come.”

Micron Chairman and CEO Sanjay Mehrotra echoed the administration’s message, stating: “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.”

To expedite the construction process, the United States Investment Accelerator will partner with Micron to provide “white glove” support for permitting and regulatory streamlining. The Trump Administration has also rolled back Biden-era policy requirements that previously applied to semiconductor project awards in Idaho, New York, and Virginia.

The projects are expected to create over 90,000 jobs and fortify the U.S. role in the global semiconductor market, marking one of the most significant federal-private partnerships in industrial revitalization in recent history.