Micron unveils $10 billion U.S. research lab focused on memory and AI

Published Aug 20, 01:37 PM UTC

Micron Technology announced the creation of Micron Research Labs, a new U.S.-based research institution backed by a planned $10 billion investment over the next decade. Headquartered in Boise, Idaho, the initiative will focus on next-generation memory technologies, advanced memory and computing architectures, semiconductor packaging, and manufacturing. Micron plans to break ground on a purpose-built facility in Boise in 2027, housing hundreds of researchers. The investment will also support partnerships with universities including Stanford University, the University of Texas at Austin, and imec. The research program targets the growing demand for high-performance memory driven by increasingly sophisticated AI systems. U.S. Commerce Secretary Howard Lutnick welcomed the announcement, and executives from Nvidia, Apple, Applied Materials, and Lam Research expressed support. The $10 billion investment is separate from Micron's previously announced $250 billion commitment to U.S. manufacturing and R&D.