Keep pulling the thread on Sanjay Mehrotra.
Micron has a commitment to onshore 40% of its DRAM manufacturing to the United States.
Micron has begun manufacturing its 1-alpha DRAM memory chips, one of the most advanced and widely used types, in Manassas, Virginia.
Sanjay Mehrotra claims that Micron's DRAM and NAND technologies are the most advanced in the industry.
By onshoring its 1-alpha technology from Asia, Micron plans to quadruple its DDR4 memory production at its facility in Manassas, Virginia.
Micron's new leading-edge memory fab in Boise, Idaho is expected to produce its first wafers in the middle of 2025.
Micron plans for a second fab in Boise, Idaho to begin producing its first wafers by the end of 2028.
Micron plans to build a mega-cluster of four fabrication plants in the Syracuse, New York area.
Micron is making $200 billion in investments in the United States for long-life cycle and leading-edge production.
Micron's investments in US semiconductor manufacturing are expected to create 90,000 new jobs.
Sanjay Mehrotra predicts that the current shortage of memory chips will continue well beyond 2026.
Micron is currently only able to meet approximately 50% to two-thirds of the demand from its key customers.
Sanjay Mehrotra predicts that meaningful new supply in the memory chip industry will not start to ramp up until the 2028 timeframe.