Micron commits up to $3 billion to US chip supply chain, including $500 million for GlobalWafers

Micron said it will put up to $3 billion into the US semiconductor supply chain. Of that, $500 million is strategic financing for GlobalWafers' 300-mm raw silicon wafer plant in Sherman, Texas, under a 10-year supply agreement that secures significant raw wafer capacity. The 'up to' wording makes $3 billion a ceiling rather than committed spend.

• Up to $3 billion for the US semiconductor supply chain
• $500 million strategic financing for GlobalWafers' Sherman, Texas plant
• 10-year raw wafer supply agreement with GlobalWafers
• Announced July 9, 2026