Micron commits $10 billion to new US chip research labs

Micron is investing $10 billion in a new Research Labs hub in Boise, Idaho, targeting technologies beyond current DRAM and NAND memory as well as advanced packaging. The labs will combine Micron's internal research with work from customers, partners, universities, startups, and government organizations.

Why it matters: Memory has become a bottleneck for AI systems, with DRAM and enterprise storage prices spiking sharply this year as AI data centers absorb supply. Micron's bet on post-DRAM/NAND technology is a direct response to that demand, and a US-based lab keeps advanced memory R&D onshore amid ongoing chip-export tensions with China.