Editorial composite showing a cleanroom researcher holding a silicon wafer beside an inset view of Boise, Idaho.

Micron plans $10 billion research network for next-generation memory

Written by Joseph Nordqvist

Published: 21:38, August 21, 2026

Micron Technology plans to invest $10 billion over the next decade in a Boise-based research network focused on memory, computing and future semiconductor manufacturing.

The US chipmaker expects to break ground on the network’s main facility in Boise, Idaho, in 2027. The building will have room for hundreds of researchers.

Chief executive Sanjay Mehrotra said Micron Research Labs would look “around the corner to the memory and compute systems the future will demand”.

The research will extend beyond Boise

The $10 billion is not solely a construction budget. Micron says the programme will also support university collaborations, satellite laboratories and work with customers, startups and other research partners.

Researchers will study new memory technologies, computer architectures, chip packaging and manufacturing methods. Packaging is the process of assembling and connecting chips so that they can operate together efficiently inside a system.

Micron’s main products include DRAM, which provides fast working memory, and NAND, which retains stored data when the power is switched off. Both are important in data centres, where artificial-intelligence systems need rapid access to large amounts of data.

The research programme is intended to examine technologies beyond Micron’s current product cycles. It is therefore different from adding equipment to an existing factory or announcing a specific increase in chip output.

Micron has not disclosed the spending timetable

Spread evenly, the plan would represent about $1 billion a year. Micron has not provided an annual spending schedule, so that calculation is only a guide to its scale.

For comparison, Micron recorded $1.25 billion in company-wide research and development expenses in its second fiscal quarter of 2026. The figures are not directly comparable because the ten-year plan includes a facility and outside partnerships, while quarterly research and development is an accounting expense across the company.

The investment reflects a longer-term contest with Samsung Electronics, SK Hynix and other memory-chip makers to improve speed, capacity and energy efficiency. Demand from AI data centres has made those advances more commercially valuable, but Micron will still have to turn research into products it can manufacture reliably and at scale.

The next firm milestone is the Boise groundbreaking, which Micron expects in 2027. The company has not disclosed an opening date or how the $10 billion will be divided among the facility, partnerships and satellite laboratories.

Joseph Nordqvist Avatar

Other News

YMTC parent seeks 33 billion yuan in Shanghai IPO after profit surge

Aug 21, 2026

Mitsubishi Electric agrees $1.4 billion deal for US power-market software group PCI

Aug 21, 2026

Why a strong ESG reputation can make a downgrade hurt more

Aug 21, 2026

Why companies keep paying for software nobody uses

Aug 21, 2026

AI needs more electricity. Why are data centres waiting years to connect to the grid?

Aug 21, 2026

Why effective leadership looks different across countries

Aug 21, 2026

Financial knowledge does not make people immune to scams

Aug 21, 2026

ScanSource agrees $220.5 million MicroAge deal to expand IT services

Aug 20, 2026

Carbon reporting rules linked to 3% to 4% rise in new establishments

Aug 20, 2026

Women matched men in laboratory bidding for top positions

Aug 20, 2026

Keysight orders top $2 billion again as communications demand strengthens

Aug 20, 2026

UK inflation rises to 2.9% as higher energy bills hit households

Aug 19, 2026

Dollar-store access is linked to poorer community health, US study finds

Aug 19, 2026

Analog Devices revenue reaches record $4.02 billion as data-centre demand strengthens

Aug 19, 2026

What happens to businesses when there are fewer young workers?

Aug 19, 2026

Einride plans 500-truck Tesla Semi deployment as revenue grows and losses widen

Aug 19, 2026

Why small purchases can quietly weaken a household budget

Aug 18, 2026

Why successful companies can keep making the same bad decisions

Aug 18, 2026

Dell joins Lanarkshire AI park as £202 million public guarantee backs data-centre expansion

Aug 18, 2026

Fabrinet revenue jumps 45%, but expansion spending leaves free cash flow near zero

Aug 17, 2026