Micron says plans to invest up to $3 billion to strengthen US semiconductor supply chain
NEW DELHI: Micron Technology said on Thursday that it plans to invest up to $3 billion to strengthen the US semiconductor supply chain ecosystem, as artificial intelligence (AI) and data-intensive applications boost demand for advanced memory and storage solutions.
As part of Micron’s planned investment, it will provide GlobalWafers with $500 million in strategic financing to advance the development and manufacturing capabilities of its 300mm raw silicon wafer manufacturing facility in Sherman, Texas.
