Micron Technology said on Thursday it plans to invest ‌more than $250 billion in the ‌U.S. through 2035, driven by surging demand for ​memory chips in the AI era and President Donald Trump's push to bolster domestic chip production.

The new investment plan ‌represents a jump ⁠from the $200 billion that Micron announced last June, which was ⁠already increased by $30 billion from its original spending plans.