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Micron's Manassas, Va. chipmaking plant. Photo: Micron Technology

Memory chip maker Micron Technology announced plans Wednesday to invest $3 billion to significantly expand a Manassas, Va.-based semiconductor plant.

Why it matters: Chipmaking is a key area of high-tech manufacturing still done in the U.S. and Micron said this move alone will create more than 1,000 jobs over the next decade.

Micron said the initial expansion will be completed in the fall of 2019, with production beginning in the first half of 2020.

The chipmaker also plans to set up an R&D center in Manassas, which is 40 miles west of Washington, D.C., primarily focused on memory and storage for the automotive and industrial markets. That center is expected to employ roughly 100 engineers. Micron's foundation is also investing $1 million in Virginia's universities.

Go deeper

Updated 1 hour ago - Politics & Policy

Senate pulls all-nighter on amendments to COVID relief package

Photo: Alex Wong/Getty Images

Democratic leaders struck an agreement with Sen. Joe Manchin (D-W.V.) on emergency unemployment insurance late Friday, clearing the way for Senate action on President Biden's $1.9 trillion stimulus package to resume after an hours-long delay.

The state of play: The Senate continued to work through votes on a marathon of amendments overnight into Saturday morning.

The elusive political power of Mexican Americans

Data: Pew Research Center, U.S. Census Bureau; Chart: Michelle McGhee/Axios

Mexican Americans make up the nation's largest Latino group, yet they remain politically outshined by more recently arrived Cuban Americans.

Why it matters: The disparities in political power between Mexican Americans and Cuban Americans reflect the racial, historical, geographical and economic differences within Latino cultures in the U.S.