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Quartz·1 min read·medium

Micron is raising its U.S. investment to $250 billion to meet AI memory demand

Colleen Cabili
AI Summary

Micron Technology has increased its domestic investment commitment to $250 billion to address the rising demand for AI-related memory chips. The company has begun construction on its new fabrication facility in New York.

The chipmaker added $50 billion to its domestic spending commitment and poured the first concrete at its New York fab, ahead of schedule

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