Get the latest tech news

Micron to invest $2.17 billion to expand U.S.-based memory production | Micron to expand production capacity for specialty DRAM products in Virginia.


Micron to expand production capacity for specialty DRAM products in Virginia.

Typically, long-lifecycle DRAM for industrial, automotive, aerospace, and defense applications is produced in relatively small volumes, so the specialty memory facilities are not large. Senators Mark Warner and Tim Kaine praised the CHIPS Act for facilitating this investment, highlighting its importance for national security, economic competitiveness, and strengthening domestic supply chains. "[...]Micron is grateful for Governor Glenn Youngkin and the General Assembly’s continued support as we work to produce long-lifecycle DRAM products in Virginia to meet the future memory demand for U.S. defense, aerospace, automotive, and industrial customers."

Get the Android app

Or read this on r/technology

Read more on:

Photo of Virginia

Virginia

Photo of Micron

Micron

Photo of production capacity

production capacity

Related news:

News photo

DRAM prices expected to decline in early 2025 impacting PC, server, and GPU VRAM markets

News photo

Micron Plunges On Weakness, Musk Wields Political Power | Bloomberg Technology

News photo

Micron Falls Most in Four Years on Sluggish Sales Outlook