Micron Technology Expands Capacity Amid Severe Supply Shortage

Micron Technology is accelerating its efforts to increase production capacity in response to the most severe supply shortage in the memory industry in over 40 years. According to Jin10, the company is investing $50 billion to more than double the size of its 450-acre campus in Boise, which includes the construction of two new wafer plants. The first plant is expected to produce its initial silicon wafers for DRAM manufacturing by mid-2027, with both facilities anticipated to be operational by the end of 2028. Additionally, Micron has commenced construction on a $100 billion wafer plant complex near Syracuse, marking the largest private investment in New York State's history. Scott Gatzemeier, Vice President overseeing Micron's $200 billion U.S. expansion plan, stated, "As we transition from training to inference, the required data volume has surged, and we simply lack sufficient cleanroom capacity to meet demand. We realized we were facing a significant issue."