Micron to spend $10 billion on a Boise AI memory research lab

Reuters reports that Micron plans to spend $10 billion over the next decade on a newly established research lab in Boise, Idaho. The work covers memory technologies, compute systems, and future chip manufacturing.

Editorial illustration of memory chips for the Micron Boise lab story

On August 20, 2026, Reuters reported that Micron Technology plans to spend $10 billion over the next decade on a new research lab in Boise, Idaho. The company said the site will advance memory technologies, develop compute systems, and support future chip manufacturing.

What we know

Micron Research Labs is headquartered in Boise and is described as a long-horizon U.S. research hub.
Stated research areas include critical memory technologies, compute systems, and future semiconductor manufacturing.
CEO Sanjay Mehrotra said the plan builds on more than $250 billion Micron has separately committed to manufacturing and R&D across the United States.
The company said the hub will bring together customers, academia, government, and the broader semiconductor ecosystem.

Takeaways

The $10 billion is a decade-long research pledge, not a single fab.
It sits on top of Micron’s existing $250 billion-plus U.S. commitments.
Boise is the headquarters for the new labs.

Source: Reuters

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Micron to spend $10 billion on a Boise AI memory research lab

What we know

Micron Research Labs is headquartered in Boise and is described as a long-horizon U.S. research hub.
Stated research areas include critical memory technologies, compute systems, and future semiconductor manufacturing.
CEO Sanjay Mehrotra said the plan builds on more than $250 billion Micron has separately committed to manufacturing and R&D across the United States.
The company said the hub will bring together customers, academia, government, and the broader semiconductor ecosystem.

Takeaways

The $10 billion is a decade-long research pledge, not a single fab.
It sits on top of Micron’s existing $250 billion-plus U.S. commitments.
Boise is the headquarters for the new labs.

Source: Reuters