Shulou(Shulou.com)11/24 Report--

August 10, according to foreign media reports, memory chip maker Micron Technology announced on Tuesday that it will invest 40 billion US dollars to build advanced memory chip manufacturing facilities in the United States.

Micron has announced a $40 billion investment plan on its website that will continue through 2030 and will build advanced memory chip manufacturing facilities in the United States in stages.

Foreign media reported that the $40 billion investment plan announced by Micron on Tuesday was part of the $150 billion global investment plan they announced last year. The investment of 40 billion US dollars is by far the largest investment in memory chip manufacturing in the United States.

Like the investment of other chip manufacturers, Micron's huge investment of 40 billion US dollars will also create a large number of jobs. Micron said on its website that it would create up to 40000 jobs, including nearly 5000 high-tech and operational jobs.

According to foreign media reports, Micron also announced a large-scale investment plan related to the increasing demand for data storage at a time when the revenue outlook is uncertain and the economic outlook is uncertain.

Research institutions had predicted that the global data generated in 2025 would reach 175ZB (ZB: 10.0001 trillion bytes, 1ZB=1024EB). Micron has previously said in a report that increased demand for data storage has boosted the share of memory chips in semiconductor revenue from 10 per cent in 2020 to about 30 per cent today.

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