SANAND, India, Feb.  28, 2026  (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today celebrated the grand opening of its semiconductor assembly and test facility in Sanand, Gujarat, India. The state-of-the-art

Micron Celebrates Opening of India's First Semiconductor Assembly and Test Facility

Micron's New Indian Facility Boosts Capacity and Manufacturing Reach

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    <h3>Information</h3>
    <p>SANAND, India, Feb.  28, 2026  (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:MU) today celebrated the grand opening of its semiconductor assembly and test facility in Sanand, Gujarat, India. The state-of-the-art</p>
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    <h3>AI Summary</h3>
    <p>Micron Technology has inaugurated a significant semiconductor assembly and test facility in Sanand, India, representing a $2.75 billion investment. This new facility is poised to meet the escalating global demand for memory products driven by AI applications and is expected to produce tens of millions of chips starting in 2026.</p>
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    <h3>Key Points</h3>
    <ul><li>Micron opens a semiconductor facility in Sanand, India, enhancing assembly capacity.</li><li>Facility investment totals $2.75 billion, boosting India&#039;s semiconductor manufacturing.</li><li>Micron aims to produce tens of millions of chips in 2026.</li><li>Opening ceremony attended by high-profile officials, including PM Modi.</li><li>Facility supports global demand for memory products, particularly in AI.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Dell Technologies (DELL)</strong>: Received first memory modules from Micron&#039;s new facility.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under Corporate Developments, as it outlines a significant expansion and operational upgrade that positions Micron favorably in the competitive semiconductor market, especially amid rising AI demands.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>New facility in India expected to significantly increase chip production capacity.</li><li>$2.75 billion investment aligns with growing global demand for AI-related products.</li><li>Strong partnerships in India could enhance regional supply chain resilience.</li><li>Leveraging local talent for advanced manufacturing may reduce operational risks.</li></ul>
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    <h3>Key Facts</h3>
    <ul><li>Facility covers over 500,000 sq ft, one of the largest single-floor cleanrooms.</li><li>Expected to assemble and test tens of millions of chips in 2026.</li><li>Micron presented its first memory modules to Dell during the opening.</li><li>Facility designed to meet LEED Gold standards for sustainability.</li><li>Collaboration with educational institutions aims to build semiconductor talent in India.</li></ul>
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  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Buy MU on this expansion news, targeting long-term growth potential.</p>
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>SANAND, India, Feb.  28, 2026  (GLOBE NEWSWIRE) -- Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MU">MU</a>) today celebrated the grand opening of its semiconductor assembly and test facility in Sanand, Gujarat, India. The state-of-the-art facility converts advanced DRAM and NAND wafers from Micron&#39;s global manufacturing network into finished memory and storage products. Once fully ramped, the first phase of Micron's Sanand operation will feature more than 500,000 square feet of cleanroom space, making it one of the world's largest single-floor assembly and test cleanrooms. The site serves customers worldwide to meet the growing global demand for memory and storage fueled by AI.</p>  <p>The facility represents a combined investment of approximately $2.75 billion by Micron and its government partners, advancing semiconductor manufacturing capabilities in India. Micron Chairman, President and CEO Sanjay Mehrotra and other executives witnessed the opening ceremony with Prime Minister Narendra Modi, Chief Minister of Gujarat Bhupendra Patel, Union Minister for Railways, Communications, Electronics &amp; IT Ashwini Vaishnaw, U.S. Ambassador to India Sergio Gor and other distinguished government officials and guests.</p>  <p>&#34;Today is a proud moment for Micron and India&#39;s growing semiconductor industry,&#34; said Sanjay Mehrotra, Chairman, President and CEO of Micron Technology. "This pioneering facility, the first assembly and test site of its kind in the country, helps build a resilient ecosystem that underpins the global AI economy. We are deeply grateful to the government of India, the Gujarat government and all of the partners involved for their steadfast support in making this achievement possible.&#34;</p>  <p>The Sanand site is ISO 9001:2015 certified and has begun commercial production. To mark the grand opening of the site, Micron presented its first shipment of made-in-India memory modules to Dell Technologies for its laptops made in India for India. Micron expects to assemble and test tens of millions of chips at Sanand in 2026, scaling to hundreds of millions in 2027. The expansion of conventional assembly and test operations in India complements Micron&#39;s planned development of advanced manufacturing and packaging capabilities in the United States and strengthens the company's global assembly and test network.</p>  <p>"The inauguration of Micron's semiconductor facility in Sanand marks a historic milestone as Bharat begins its first commercial semiconductor chip production," said Union Minister Ashwini Vaishnaw. "This is a decisive step towards building a trusted, resilient and self-reliant semiconductor ecosystem under the leadership of Hon'ble PM Shri Narendra Modi Ji. India is now moving from being a consumer of chips to becoming a global hub for semiconductor manufacturing and innovation."</p>  <p>Micron is building India&#39;s next generation of semiconductor talent to support its operations in India. Through partnerships with Pandit Deendayal Energy University (PDEU), Namtech, leading universities nationwide and government-sponsored skills development programs, Micron is supporting STEM education, specialized training, workforce readiness for advanced manufacturing roles and community initiatives, including digital and AI literacy programs across the region. </p>  <p>Micron built and is operating the assembly and test facility in accordance with the company&#39;s sustainability goals, rigorous health and safety standards, and with local and global environmental commitments. The facility is designed to meet or exceed Leadership in Energy and Environmental Design (LEED) Gold standards. Additionally, the facility uses advanced water-saving technologies to enable zero liquid discharge.</p>  <p><strong>About Micron Technology, Inc.</strong></p>  <p>Micron Technology, Inc. is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life for all. With a relentless focus on our customers, technology leadership and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and across the client and mobile user experience. To learn more about Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/MU">MU</a>), visit <a href="https://www.globenewswire.com/Tracker?data=fDrOUEAZn5LqvSxeNPPe4D_xwzKD0HnBL7R9VEzobcQTxFtlf-6i7Rg46dS99rrYhuA4nQAdgOKPpgdWBPEWWMIi3m8wwYeOv24kfuUzqJ23uSUj1gzWBkhLl4FwSd8Tg3VmbHYatVAnuWDO2KWDYdHgWg7xhMWZOpFRlXpbCyOdqJCUADeivsp58Qq0RdqiDVwgRVMLjxO80yMtO7SnTBMTnwACIVY0SNh_THJtaBw=" rel="nofollow" target="_blank">micron.com</a>.</p>  <p><strong>Forward-Looking Statements</strong></p>  <p>This press release contains forward-looking statements, including statements regarding expectations of future production. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially. Please refer to the documents Micron files with the Securities and Exchange Commission, specifically its most recent Form 10-K and Form 10-Q. These documents contain and identify important factors that could cause actual results to differ materially from those contained in these forward-looking statements. These certain factors can be found at <a href="https://www.globenewswire.com/Tracker?data=NC-nl8nRSqrnSBHdL7bCRvazZeBw8slMHFOijMJ8kj3HkOnzWIbnHSYtRT9DZH9DmAg3ALcMsSZmrv6jSWkquGtcghaFlNBmsgT529HRBs0hxIY2wI41KKRsY4c1Je3uPL1RToJRZnSErkh-7meWotlp0nX7Cb0NBH7PuW1YIyZ0n-LgjSV6Ii_ZHA9rczmPQT-s0A02svSI827yVCPX6hvwagkylVR6m0cJebJ6a0u2zzcCMiXo4bIltCIAcqqc0beDBhuRW7XOfNlEtcJeEQzjCIvE1isWfF7XcG6NWSGRMEcZM3x16YR5VBcwpn9kpDvlhZIGRqpmO58FRBtqcitRpdN6ArHCuqjYYtC2P7NOXJV2fa0cMj0MXm01s6ia1hypQVeeU0j8eQvJgcErDJo69AaVnRA85hDulKHtKRcU7ZMnHnSLars9gXb4dh_T5ntleCDJf5mVamcMmW_3IxQo7nVERswoNSDekMjrDPaoO64p9IOCrLkLs-3yhLbVbUANfrSNrvE_yb7ueSPNtMNJOSS96wWrSrZ-9yEBtVJsJu6qm9cj62fLD5RU_sxOiNwoYh-l5TDm6Rmf0QhQoZYXfJhMNEfIeX9zGsUAO-ic4tlgSM0KzSshTHH6ixLG" rel="nofollow" target="_blank">https://investors.micron.com/risk-factor</a>. Although Micron believes that the expectations reflected in the forward-looking statements are reasonable, Micron cannot guarantee future results, levels of activity, or achievements. Micron is under no duty to update any of the forward-looking statements after the date of this press release to conform these statements to actual results.</p>  <p><em>&#xA9; 2026 Micron Technology, Inc. All rights reserved. Information, products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the property of Micron Technology, Inc. All other trademarks are the property of their respective owners.</em><br></br></p>  <p><strong>Micron Media Relations Contact</strong><br></br>Mark Plungy<br></br>+1 (408) 203-2910<br></br><a href="https://www.globenewswire.com/Tracker?data=dkOGVJ4qa_0Xrq1utlto4zvMv-J5etcUgQQIYP-Kpp0LSYYqa1MmN-WvHlJQK2YbxPorG2EUz_C4M0aCXLi0anxuJuY8qC_770baO9Ppb82OZWEQweiCfhKgguDGgrAeW9cKCNaKfM6e47oFlY2vPdIkI6KNIMrP27a24Q-M0gweuPNZZQJQMpQZBm59hBs8Wf5igKV5zo6EfrkZ_twxtbvKG2lKFVH-aXkEqrBCgrHdr_8bZNNQ2moEmGPZ9H2Gcbvi9IHphKAS40tKaj1cqg==" rel="nofollow" target="_blank">corpcomms@micron.com</a></p>  <p><strong>Micron Investor Relations Contact</strong> <br></br>Satya Kumar <br></br>+1 (408) 450-6199 <br></br><a href="https://www.globenewswire.com/Tracker?data=M9GegACQAYmZ8oNVvJmAl0I5lpd5uqOMhR-MaXRZ_Jf9YZlB8s4HbC-IygAr8cwv0CvOxD32QBVV0WNVBckFmIE4lLSUlx52_weYnRg3fIeALdh5JXDjniqHe8kFNJs95Em0g26K5PhyEnCNurilwHQ8aBmk73qBpuwGLC95qCh_Dmc35WWX2Z0fWyNvya673bwh-MFQc2ZH9Q-zJoQBXS5GBuzouRFIGe4P5ezXCg91_WwAdt7jfn7QNKh_GxrCjuwzQjDRZ4IKVXVxkk0Q7g==" rel="nofollow" target="_blank">satyakumar@micron.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY2MzEwMiM3NDU5OTAzIzIwMDUwMjQ="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/M2JjMjk0ZWYtOWQwZS00OGE0LWI0ODUtNjllN2EyYWMxOTUyLTEwMTY1OTctMjAyNi0wMi0yOC1lbg==/tiny/Micron-Technology-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img>

Micron Technology has inaugurated a significant semiconductor assembly and test facility in Sanand, India, representing a $2.75 billion investment. This new facility is poised to meet the escalating global demand for memory products driven by AI applications and is expected to produce tens of millions of chips starting in 2026.

Micron Celebrates Opening of India's First Semiconductor Assembly and Test Facility

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