Micron Invests $3 Billion in US Semiconductor Supply Chain to Support AI

Micron Technology announced plans to invest up to $3 billion to strengthen the U.S. semiconductor supply chain, a move designed to secure reliable domestic manufacturing materials and support future capacity for artificial intelligence and data-intensive applications^[1][2]. The initiative includes a $500 million strategic financing package for GlobalWafers to expand its 300mm raw silicon wafer manufacturing facility in Sherman, Texas, coupled with a new 10-year supply agreement that guarantees Micron access to critical wafer capacity for the next decade^[2][3]. This investment reinforces the domestic semiconductor ecosystem as Micron raises its total planned U.S. investment commitment to more than $250 billion through 2035, aiming to produce 40% of its DRAM domestically while creating nearly 100,000 jobs^[5][6]. The announcement immediately boosted investor confidence, causing Micron shares to rise approximately 6% to 7% in early trading as the market reacted to improved sentiment around AI memory demand^[1][5].