Micron announces ~$200B U.S. investment in DRAM fabs and R&D; CHIPS grants total $6.44B

MICRON TECHNOLOGY INC

Plans ~$150B in domestic memory manufacturing and $50B in R&D, creating ~90,000 direct/indirect jobs.
Second leading-edge DRAM fab added in Boise, ID; first fab DRAM output to begin in 2027.
Finalized $275M CHIPS Act award for Virginia fab modernization; adds 1-alpha DRAM node onshoring.
Total CHIPS Act grants up to $6.44B, including $6.1B for Idaho/New York and $275M for Virginia.
Advanced HBM packaging capabilities to be brought to U.S. after second Idaho fab completion.

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