Chip-maker Micron expands US investment to $200 bn backed by Trump

Washington: Chip giant Micron Technology on Thursday said it was expanding its domestic investment plan to $200 billion as its seeks to boost US semiconductor manufacturing, with the backing of the Trump administration.

The move, aimed at strengthening America’s domestic chip supply chain, represents an additional $30 billion beyond Micron’s previous investment commitments and includes plans to build a second leading-edge memory fabrication facility in Boise, Idaho.