Micron Technology (MU.O) will fund Yintai’s expansion in Rome, New York, restoring domestic processing capacity for critical minerals used in semiconductor manufacturing. The companies will sign a long-term supply agreement for high‑purity mineral feedstock to cut reliance on globally concentrated refining capacity. The investment is part of Micron’s July plan to invest up to $3 bln in the US semiconductor supply chain and supports its pledge to spend more than $250 bln on US wafer manufacturing

2026-10-20

Micron Technology (MU.O) will fund Yintai’s expansion in Rome, New York, restoring domestic processing capacity for critical minerals used in semiconductor manufacturing. The companies will sign a long-term supply agreement for high‑purity mineral feedstock to cut reliance on globally concentrated refining capacity. The investment is part of Micron’s July plan to invest up to $3 bln in the US semiconductor supply chain and supports its pledge to spend more than $250 bln on US wafer manufacturing and technology through 2035.