Micron commits $500 million to GlobalWafers' Texas wafer plant as it raises U.S. spending to $250 billion — memory maker aims to manufacture 40% of DRAM in the US by 2035

Micron has announced a significant $500 million investment in GlobalWafers' Texas wafer plant, raising its total U.S. spending commitment to an impressive $250 billion through 2035. This strategic move aims to boost domestic production, with a goal to manufacture 40% of its DRAM in the U.S. by the mid-2030s. This commitment underscores Micron's dedication to enhancing the U.S. semiconductor supply chain and reducing reliance on foreign manufacturing, a move that could have far-reaching implications for the tech industry and U.S. economic policy.