Semiconductor company Micron Technology has announced plans to invest more than $250 billion in U.S. manufacturing through 2035.

According to a July 9 release, Micron has already started construction on what would be the largest semiconductor manufacturing site in U.S. history, located in Clay, New York. The company also has a goal to produce 40% of its DRAM chips in the U.S. and, in a separate announcement, pledged $3 billion to boost the U.S. semiconductor supply chain.

As part of that $3 billion investment, Micron will provide Taiwanese chipmaker GlobalWafers with $500 million in financing for the development of a wafer manufacturing facility in Sherman, Texas. Over a 10-year agreement, GlobalWafers will also provide Micron with access to "significant raw silicon wafer capacity" for Micron's own manufacturing infrastructure.

"Micron’s strategic investment in the U.S. semiconductor ecosystem, and GlobalWafers' raw silicon wafer manufacturing facility reflects our commitment to strengthening supply assurance, deepening collaboration with key suppliers, and supporting the expansion of the semiconductor supply chain and manufacturing infrastructure in the United States," said Micron senior VP and chief procurement officer Ben Tessone. 

Micron broke ground on the $100 billion facility in Clay, New York, in January 2026. Once it's fully built out, the site will include four separate high-volume DRAM chip factories, with a combined 2.4 million square feet of cleanroom space, the equivalent of nearly 40 football fields. The company has invested another $50 billion to build another two high-volume manufacturing fabs in Boise, Idaho.