Micron Technology has announced plans to establish Micron Research Labs, a new research institution in the US backed by a planned $10bn investment over the next ten years.

The hub, headquartered in Boise, Idaho, will concentrate on advanced memory technologies, compute architectures, packaging and future semiconductor manufacturing.

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The company expects the facility to host hundreds of researchers and support research efforts beyond current technology roadmaps.

According to Micron, the research hub will bring together participants from industry, academia, government, and the wider semiconductor sector to seek advances in areas critical to the future of memory and AI.

The planned investment will fund a flagship Boise campus, satellite laboratories, university partnerships, and broader ecosystem collaborations.

Micron anticipates breaking ground on the Boise facility in 2027. The site is expected to serve as a venue for research conferences, workshops and innovation forums.

Micron chairman, president and CEO Sanjay Mehrotra said: “With a planned $10bn investment in Micron Research Labs, we are looking around the corner to the memory and compute systems the future will demand, bringing together the best minds across academia, government, startups and industry.

“This builds on the more than $250bn we have separately committed to manufacturing and research and development (R&D) across the US, because as the only US-based manufacturer of memory, we have long believed in the future that AI is now making real.”

Micron described the new lab as the first dedicated memory research hub of its kind in the US, designed to work in coordination with its existing research and manufacturing activities across the US, Japan, Europe, Singapore, India, and Taiwan.

The company aims to accelerate the development of new technologies by engaging both internal researchers and external experts.

The announcement adds to Micron’s previously disclosed plans to invest over $250bn in US manufacturing and R&D.

US Secretary of Commerce Howard Lutnick: “Today, Micron announced the establishment of the first dedicated Memory Research Lab along with a $10bn investment in memory research. This commitment will strengthen American innovation, create hundreds of jobs and ensure memory never limits innovation.”

In July, Micron revealed plans to invest as much as $3bn to bolster the semiconductor supply chain in the US.