Micron announces plan to invest $10 billion for new research lab in Boise

BOISE, Idaho (KIFI) — Micron Technology announced on Thursday it plans to invest $10 billion over the next decade to design and create a research lab in Boise.

Micron said in a news release, the Micron Research Lab will bring together researchers from industry, universities, and government and the broader semiconductor ecosystem to tackle some of the most challenging technology questions facing the AI era.

“The decisions we make today will determine who leads the AI economy of tomorrow, and America's AI future will be built on American-made memory,” said Sanjay Mehrotra, Micron's chairman, president and CEO.

Micron describes the lab as the first dedicated memory research hub of its kind in the United States.

Micron said the lab will focus on foundational research rather than near-term product development.

The institution is expected to examine technologies more than 10 years into the future while also helping train the next generation of memory researchers and technology leaders.

Micron believes advances in memory technology can make AI systems more powerful, scalable and sustainable, while expanding access to intelligent technologies across industries such as agriculture, healthcare and education.

Micron expects to break ground in 2027 on a state-of-the-art facility in Boise near it's current campus.

Micron said the planned campus is expected to accommodate hundreds of researchers and serve as a gathering place for research conferences, workshops and innovation forums.