Micron unveils $10 billion AI memory research lab in Boise

Aug 20 (Reuters) - Micron ‌Technology said ​on ​Thursday it plans to spend $10 billion on its newly established research lab at Boise, Idaho, ‌over the next decade to advance memory technologies, ⁠develop compute systems and support future chip manufacturing.

Large memory chipmakers ‌such as Micron, Samsung ‌Electronics and SK Hynix have been benefiting from a surge in demand from the rapid expansion of ​AI infrastructure.

Here are some details:

• Micron Research Labs will bring together customers, academia, government and the ⁠broader semiconductor ecosystem to pursue breakthroughs, the company said.

• The latest investment builds ​on the more than $250 billion that Micron had separately committed to manufacturing and R&D ​across the United States.

• The ‌lab will be connected to Micron's research and technology footprint across the U.S., Europe, ⁠Japan, India, Singapore and Taiwan.

• Growing adoption of AI workloads and infrastructure buildout have boosted demand for high-bandwidth memory, ⁠which rapidly feeds data to AI accelerators, making it a critical ​component of modern computing infrastructure.

• The Trump administration has prioritized domestic chip manufacturing in a bid to reduce foreign dependence, ‌boost the economic output and maintain its lead in the AI race.

• Micron expects ‌to break ground on the facility in 2027, which ⁠will be capable of ‌hosting hundreds of ​researchers and facilitating international conferences and workshops.

(Reporting by Jaspreet Singh in Bengaluru; Editing by Shilpi ‌Majumdar)

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