Micron is getting serious about domestic semiconductor manufacturing. And they’re putting up billions to do it.
What’s happening:
- Micron (NASDAQ: MU) has publicly stated they are committing to invest up to $3B USD into the semiconductor supply chain ecosystem in the United States of America
Why it matters:
- This is one of the largest funding commitments Micron has ever made into their American based semiconductor supply chain ecosystem and is part of their efforts to secure a domestic supply of critical input materials for their memory fabrication facilities
Going deeper:
- Micron will make a strategic investment of up to $500M USD into GlobalWafers to accelerate the build out of their 300mm silicon-wafer factory located in Sherman, Texas
- GlobalWafers and Micron have also entered into a new 10 year supply deal as part of Micron’s investment in which GlobalWafers will provide Micron with significant long term raw silicon wafer capacity
The intrigue:
- Micron has been cutting a flurry of new partnerships for memory chips lately, including striking a deal with Anthropic to co-design memory and storage subsystems as well as entering into a long term supply deal with Ford (NYSE: F) to supply them with automotive memory and storage chips to be used in Ford vehicles
