Micron Technology Inc. plans to invest $10 billion over the next decade to build Micron Research Labs, for what the company claims will be the first dedicated memory research hub in the U.S.
The hub, headquartered in Boise, Idaho, will bring together customers, academia, government and a broader semiconductor ecosystem to define the next memory technologies that will be needed even decades ahead, the company said.
Areas of research include:
- Critical memory technologies
- Advanced memory and compute architecture
- Packaging
- Future semiconductor manufacturing
The investment will also fund university collaboration, global satellite labs and ecosystem partnerships focused on the next generation of technologies for AI.
“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, chairman, president and CEO of Micron Technology.
Micron said it will break ground on Micron Research Labs facility in 2027.
Micron’s spending spree
Micron has been on a spending spree to invest in domestic semiconductor manufacturing, R&D and wafer supply.
In July 2026, the company announced plans to invest up to $3 billion to secure a long-term supply of raw silicon wafers for semiconductor memory manufacturing from GlobalWafers. The deal would initially call for a $500 million investment and would be a 10-year supply agreement.
This move came after Micron pledged to invest $200 billion in U.S. memory manufacturing including building two leading-edge memory fabs in Idaho, up to four fabs in New York, expanding its Virginia fab, investment in advanced packaging capabilities and future R&D.
With this latest investment, Micron has updated its total investment to $250 billion over the next decade. This will create about 90,000 jobs in the U.S. and reinforce memory and advanced manufacturing domestically for years to come, the company said.
