S&P 500 5,278.40 +0.45% NASDAQ 16,755.02 +0.67% DOW JONES 38,886.57 +0.32% RUSSELL 2000 2,084.45 +0.15% VIX 13.42 -1.52% GOLD 2,348.30 +0.21% OIL (WTI) 78.62 +0.18% US 10Y 4.28% -0.04%
All articles Labor Market

Micron Announces Investment Into U.S. Semiconductor Supply-chain Ecosystem; Enters 10-year Deal

Ryan Ashford 1 min read  ·  July 9, 2026
Micron Announces Investment Into U.S. Semiconductor Supply-chain Ecosystem; Enters 10-year Deal

(RTTNews) – Micron Technology (MU) announced plans to invest up to $3 billion to strengthen the
U.S. semiconductor supply-chain ecosystem. The company will provide GlobalWafers Co., Ltd. with $500 million in strategic financing support to advance the development and manufacturing capabilities of its GlobalWafers America 300mm raw silicon wafer manufacturing facility in Sherman, Texas. The companies will also enter into a 10-year supply agreement that will provide Micron with access to significant raw silicon wafer capacity to support its long-term manufacturing plans.

Also, Micron and GlobalWafers intend to explore collaboration on next-generation wafer
technologies and process innovations to support future semiconductor manufacturing requirements.

In pre-market trading on NasdaqGS, Micron shares are up 6.24 percent to $1,008.00.

Written by

Ryan Ashford

Senior markets analyst · Podcast host

Ryan covers global equity markets, interest rate cycles, and the macro forces reshaping capital flows. Before Eagle One, he spent a decade at institutional trading desks writing cross-asset research for fund managers. His work translates complex monetary signals into clear investor decisions.

Eagle One Intelligence

The edge serious investors read.

Macro shifts, market structure, and the ideas worth tracking — straight to your inbox.

Note. For informational purposes only. Not financial advice. Past performance does not guarantee future results.

Keep reading