Micron Technology is investing $250 billion in U.S. factories through 2035 to meet demand from the global artificial intelligence boom, particularly for high-bandwidth memory (HBM) chips like its HBM3E used in Nvidia's H200 and B200 AI accelerators. CEO Sanjay Mehrotra stated the investment will create more than 90,000 jobs and help ensure leading-edge technologies are built in the United States. Micron aims to make 40% of its DRAM products in the U.S. within ten years and is spending $3 billion to secure domestic semiconductor supply chains, including $500 million to Taiwanese supplier GlobalWafers. Rivals Samsung and SK Hynix have planned a combined $880 billion in investments, with SK Hynix planning a U.S. stock exchange listing that might generate close to $27 billion. The federal government has prioritized expanding domestic semiconductor production since the 2022 Chips and Science Act, originally enacted under President Biden and later amended after Donald Trump returned to the White House. Commerce Secretary Howard Lutnick attended an event near Syracuse, New York, praising Micron's investment.