Micron Committed $10 Billion Over 10 Years to a Research Lab That Breaks Ground in 2027
The memory maker is putting a decade of money behind research meant to outlast the boom paying for it.
Micron Technology, a leading memory company, has revealed plans to invest $10 billion over the next decade in a new research institution called Micron Research Labs. The lab, set to be headquartered in Boise, Idaho, will spearhead cutting-edge research in memory technologies, advanced memory and compute architectures, packaging, and future semiconductor manufacturing.
This investment comes on top of Micron's existing commitment of over $250 billion to manufacturing and research and development (R&D) across the United States. Unlike a factory, this funding will not be used to increase production capacity but will instead support groundbreaking research in memory technologies and future semiconductor manufacturing.
The lab's scope of work is aimed beyond today's product roadmaps, with a focus on a longer-term horizon that extends beyond the next 10 years.
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