Micron Technology said on Thursday it will invest an additional $30 billion in the domestic semiconductor industry, becoming the latest chipmaker to answer President Donald Trump’s call for bringing more investment to the United States.
The move brings Micron’s total planned U.S. investment to approximately $200 billion, which the company said will help create some 90,000 jobs.
The $200-billion plan includes building two high-volume semiconductor fabrication plants in Idaho and up to four more in New York. Micron said the Idaho plants allow the company to bring advanced high-bandwidth memory (HBM) manufacturing, which is critical to artificial intelligence (AI) developers in need of advanced computer memory, to the United States….