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Micron Invests in New York Critical Minerals Processing With Indium Corporation

$MUPress releaseOct 20, 2026, 7:32 AM ETRead the release

Micron announced a strategic investment to expand Indium Corporation's critical minerals refining and high-purity materials manufacturing in Rome, New York, restarting domestic processing of minerals essential to semiconductor manufacturing. Under the agreement, Micron provides strategic funding in exchange for a long-term supply agreement for high-purity minerals, reducing reliance on concentrated foreign refining capacity. The deal falls under Micron's previously announced plan to invest up to $3 billion in the U.S. semiconductor supply-chain ecosystem and complements its expected U.S.

Key figures

Planned us spend through 2035
more than $250 billion
Us supply chain investment plan
$3 billion

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