Micron Technology is expanding its Manassas, Virgina, memory fab to the tune of $2.17 billion to modernize the facility to produce state-of-the-art DRAM semiconductors.
The memory would be used for future applications in the automotive, aerospace, defense and industrial sectors.
“For more than two decades, Micron has demonstrated that Virginia's skilled workforce, strategic location, and pro-business climate create an ideal environment for innovation,” said Virgina Governor Glenn Youngkin. “This expansion strengthens America's supply chain security while bringing hundreds of new jobs in one of the world's most critical industries.”
The move comes after Micron has been expanding its domestic fab presence including the construction of up to four memory fabs in Clay, New York, as well as the expansion of facilities in Boise, Idaho.
Micron said it will invest about $50 billion in gross capital expenditure for U.S. domestic memory manufacturing through 2030. It will also be helped through the CHIPS and Science Act.
Micron was approved for final funding through the CHIPS Act in December of 2024. The $6.17 billion in direct funding will help Micron in its own private investment of more than $100 billion in New York and $25 billion in Idaho in the coming decade. This long-term investment will result in about 20,000 jobs and will help grow U.S. domestically produced memory manufacturing from less than 2% today to about 10% by 2035.
Under the Manassas project, about 340 new jobs will be created in the state.
