Micron, a leading memory chip manufacturer, is aiming to bring advanced memory production to the U.S. with a new $15 billion chip fabrication plant in Boise, Idaho. About a quarter of Micron's revenue comes from China, and the company is doubling down on U.S. manufacturing to mitigate risks. The facility is expected to start production in 2026.
Memory chips are at the center of all devices, helping store and access data in smartphones, computers and the servers training generative artificial intelligence models. About a quarter of Micron 's revenue comes from China , and "about half that revenue is at risk," Micron CEO Sanjay Mehrotra told CNBC in an interview. Meanwhile, Micron is doubling down on U.S. manufacturing.
Its current leading-edge chips are made in Japan and Taiwan, but Micron is aiming to bring advanced memory production to the U.S. starting in 2026 with a new $15 billion chip fabrication plant in Boise, Idaho. Micron celebrated its 45th anniversary in October by pouring the first cement at the new fab. The facility is located next to Micron's huge research and development facility, where CNBC got a behind-the-scenes tour."Memory is very cost-sensitive and we have to get economies of scale to mass produce our chips on a level that meets the market demands," said Scott Gatzemeier, Micron's corporate vice president of front end U.S. expansion.growt
Micron Memory Chips U.S. Manufacturing Chip Fabrication Plant Revenue China
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