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Micron boosts projected spending for semiconductor plants by $50 billion

Chip maker to build, expand plants in New York, Idaho, Virginia
Micron is developing a $100 billion industrial campus near Syracuse, New York, to make advanced memory storage computer chips. (Micron Technology)
Micron is developing a $100 billion industrial campus near Syracuse, New York, to make advanced memory storage computer chips. (Micron Technology)
CoStar News
July 9, 2026 | 5:58 P.M.

Micron Technology is upping its spending plans by $50 billion to construct new plants and expand facilities in New York, Idaho and Virginia due to soaring demand for memory storage chips.

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