Overview
- Micron announced the creation of Micron Research Labs on Thursday, Aug. 20, 2026, a planned $10 billion investment spread over ten years to fund memory, compute-architecture, packaging and chip-manufacturing research on its Boise campus.
- The lab is designed to host hundreds of researchers, break ground in 2027, and connect to Micron’s global R&D network to push longer‑horizon technologies beyond current DRAM and NAND roadmaps.
- Company executives and government officials publicly supported the plan, and investors responded positively with Micron shares rising about 4% and S&P Global upgrading the firm’s credit rating to BBB+.
- Micron says the $10 billion is separate from its previously announced more-than-$250 billion commitment to U.S. manufacturing and R&D, which already includes two Boise fabs with first wafer output targeted for mid-2027.
- Some outlets reported a much larger $50 billion Boise expansion and a 17,000-job estimate, but those figures come from limited reporting and are not corroborated across the wider coverage; the broader context includes CHIPS Act support and the memory market’s history of boom-and-bust cycles.