🇺🇸Micron plans to invest $10 billion over ten years in Boise-based Micron Research Labs, focused on memory and AI research.

Micron announced Micron Research Labs as a U.S.-based, long-horizon research institution headquartered in Boise, Idaho. The company plans to support the organization with a $10 billion investment over the next decade.

The research hub will focus on memory and artificial intelligence. Micron said it will bring together customers, academic institutions, government participants and the wider semiconductor ecosystem.

The announcement characterizes the $10 billion as a planned investment rather than capital already spent. The supplied source does not provide an annual spending schedule, construction timetable or allocation among facilities, equipment and research programs.