Micron announces plan to invest $2.17 billion in Manassas expansion, creating 340 jobs

Micron announces plan to invest $2.17 billion in Manassas expansion, creating 340 jobs

Micron Technology, one of the world’s largest semiconductor manufacturers, is investing up to $2.17 billion to expand its operations in Manassas — creating 340 new jobs and modernizing its facility to meet growing demand in automotive, aerospace, defense and industrial markets, the company and Virginia officials announced Monday. “Micron Technology’s historic investment in Manassas reinforces Virginia’s position as a leader in advanced semicondu…

Micron announces plan to invest $2.17 billion in Manassas expansion, creating 340 jobs • Virginia Mercury

The Micron Technology office building on Godwin Drive in Manassas. (Courtesy of Micron Technology)Micron Technology, one of the world’s largest semiconductor manufacturers, is investing up to $2.17 billion to expand its operations in Manassas — creating 340 new jobs and modernizing its facility to meet growing demand in automotive, aerospace, defense and industrial markets, the company and Virginia officials announced Monday. “Micron Technology’…

Micron's expansion celebrated by state, local leaders

State and local officials are voicing their support for a $2.17 billion investment by semiconductor chip manufacturer Micron to expand its operations in Manassas.

Micron to Reduce Memory Chip Supply in 2023 to Clear Excess Inventory Amid Slump in Demand

Micron said on Wednesday it would reduce memory chip supply and make more cuts to its capital spending plan, as the semiconductor firm struggles to clear excess inventory due to a slump in demand. Shares of the company fell 5.8 percent to $59.44 (roughly Rs. 4,900) in afternoon trading. Micron was the first major chipmaker to sound an alarm about falling demand for personal computers and smartphones earlier this year in the face of decades-high …

Micron Announces Plan to Invest $2.17 Billion in Manassas Expansion, Creating 340 Jobs - Royal Examiner

Micron Technology, one of the world’s largest semiconductor manufacturers, is investing up to $2.17 billion to expand its operations in Manassas — creating 340 new jobs and modernizing its facility to meet growing demand in automotive, aerospace, defense, and industrial markets, the company and Virginia officials announced Monday. “Micron Technology’s historic investment in Manassas reinforces Virginia’s position as a leader in advanced semicond…

Micron to invest $2.17 billion to expand U.S.-based memory production

Micron to make more memory for industrial, automotive, aerospace, and defense applications in the U.S.