Lead photo: An artist rendering of Micron’s planned megafab facility in Clay, NY. (photo courtesy of Micron)

Micron Technology, in collaboration with the Trump administration, announced on June 12 that it will invest over $200 billion in U.S. semiconductor manufacturing and R&D in a move projected to generate around 90,000 direct and indirect jobs.

The company plans to allocate about $150 billion toward expanding domestic memory production, including the construction of two fabs in Idaho; up to four in New York; the upgrade of its existing Virginia facility; and the development of high-bandwidth packaging capabilities. Additionally, Micron will invest $50 billion to R&D initiatives, which it said will fuel innovation and reinforce U.S. leadership in technology.

In the Store: MDM’s U.S. MRO Market Trends Report 

Micron said these investments are aimed at helping the company meet anticipated market demand, maintain its market share and achieve its goal of producing 40% of its dynamic random-access memory (DRAM) within the U.S.

“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,” Micron Chairman, President and CEO Sanjay Mehrota said in the release. “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.”

MDM Case Study: Ferguson (Premium access here) 

The company added that it anticipates all of its U.S. investments will qualify for the Advanced Manufacturing Investment Credit. It also received backing from local, state and federal governments, including up to $6.2 billion in CHIPS Act funding to support the construction of two of its fabs in Idaho, two in New York and the expansion of its facility in Virginia.

In an MDM Premium piece released on Jan. 30, MDM reported that a massive surge in U.S. semiconductor investment, fueled by the CHIPS Act, is driving large-scale chip manufacturing projects nationwide. While much focus is on chipmakers, this construction boom presents significant growth opportunities for building materials and MRO distributors supporting complex infrastructure developments.