Micron increases its U.S. investment plan to $25 billion to meet AI-driven demand for memory chips.

Chainthink

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Summary

On July 9, 2026, Micron Technology announced it has increased its U.S. investment plan to $25 billion to meet rising demand for AI-driven memory chips, up from $20 billion. The $5 billion increase will fund expansion of chip manufacturing in New York, Idaho, and Virginia. The plan extends through 2035 and supports the goal of producing 40% of DRAM in the U.S. by 2035. On-chain data reflects growing interest in AI and crypto news as demand for memory chips continues to rise.

ChainThink reports that on July 9, according to relevant sources, Micron Technology increased its investment plan for its new U.S. factory to $250 billion to meet growing demand for memory chips driven by the global AI boom.

This initiative adds $50 billion to its previously announced $200 billion commitment, with funds allocated to expand domestic chip manufacturing in projects across New York, Idaho, and Virginia.

This expenditure is expected to continue through 2035 and will support Micron in producing approximately 40% of its DRAM products in the United States over the next decade.

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