$MU Bets Big on AI Memory With $146B Global Expansion Plan
$Micron Technology(MU)$ is currently building several mega-fabs to increase its capacity for advanced DRAM and NAND.
In the picture below, you can see the Clay, New York project in the US, where Micron has committed to invest $100B over the next 20 years! Furthermore, Micron has committed to spending $15B on its DRAM foundry in Boise, Idaho.
On the other side of the world, Micron is also investing in Singapore. $24B to build a new advanced wafer fab for NAND and AI memory, and $7B for a packaging facility dedicated to HBM production. Analysts expect that the cycle will turn for
MU in 2028, with revenue declining from 2027. I find that unlikely! Revenues will continue growing in 2028 and 2029 as MU newest facilities come online to serve the incredible memory demand growth.
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