Micron's New York Wafer Fab Progress Ahead of Schedule! CEO Announces Additional Investment to Bring 40% of DRAM Production Back to the U.S.

To reclaim leadership in the generative AI boom, U.S. memory leader Micron Technology (Micron), with strong support from the Trump administration, has officially held a 'concrete pour ceremony' in New York State, more than three months ahead of the original schedule. The company simultaneously announced a major expansion of its investment in U.S. operations, increasing the amount from the initial $200 billion to over $250 billion (approximately NT$8 trillion).

In addition to the accelerated progress at the New York site, Micron announced an additional $500 million (approximately NT$16.05 billion) investment to support GlobalWafers, Taiwan's leading silicon wafer manufacturer, in building its new 12-inch advanced silicon wafer fab in Sherman, Texas. This move ensures a stable supply of critical upstream materials.

The two industry giants will also sign a 10-year global strategic supply agreement and jointly develop next-generation silicon wafer technologies tailored for AI chip manufacturing processes at a shared laboratory in Texas. These products will be supplied to Ford and General Motors (GM) for use in advanced automotive memory systems for autonomous driving and high-performance computing (HPC).

Micron's Virginia wafer fab has publicly announced the manufacturing of memory within the United States. (Source: U.S. Trade Representative's official social media)

Micron CEO Sanjay Mehrotra declared at the ceremony that the company will relocate 40% of its DRAM production capacity entirely to domestic U.S. manufacturing. This 'Megafab' in New York, expected to create up to 90,000 jobs in the U.S., will begin mass production of its first wafer fab's LPDDR5X/HBM production line in 2029.

Following the news of the accelerated New York facility, Micron's stock price surged by 7%. This U.S. tech giant, highly favored and supported by Washington, has seen its stock price skyrocket eightfold over the past year, becoming a must-watch investment target for numerous retail investors.

Alongside the accelerated New York plant, Micron's production capacity across various U.S. states is also steadily coming online:

- Idaho Headquarters: Expansion is progressing rapidly, with the first wafer fab scheduled to begin commercial operations by mid-2027. The second fab is expected to be fully operational by the end of 2028. - Manassas, Virginia Plant: Achieved mass production of 1α (1-alpha) process DRAM in 2026, targeting high-margin niche markets such as aerospace, defense, high-end medical, and automotive applications.

Micron's New York campus has officially broken ground, with plans to build four wafer fabs on-site. (Source: Micron official website)