Micron to invest $10bn in new US research lab

0

Micron Technology plans to invest $10 billion over the next decade to build a new research laboratory in Boise, Idaho, as the US memory-chip maker seeks to accelerate advances in memory technology and strengthen domestic semiconductor production.

‎The facility, known as Micron Research Labs, will focus on advancing memory technologies, developing computing systems and supporting future chip manufacturing, the company said on Thursday.

‎‎Micron said the laboratory would bring together customers, academic institutions, government and other participants in the semiconductor ecosystem to pursue new technological breakthroughs.

‎‎The investment is in addition to more than $250 billion the company has separately committed to manufacturing and research and development across the United States.

‎‎Micron Research Labs will also be connected to the company’s research and technology operations in Europe, Japan, India, Singapore and Taiwan, creating a broader international research network.

‎‎The planned investment comes as demand for advanced memory chips continues to rise, driven by the rapid expansion of artificial intelligence infrastructure and increasingly demanding AI workloads.

‎‎Micron, along with major rivals Samsung Electronics and SK Hynix, has benefited from growing demand for high-bandwidth memory (HBM), which enables AI accelerators to process and access large volumes of data rapidly.

‎‎The expansion of AI data centres has made HBM an increasingly important component of advanced computing systems, intensifying competition among major memory-chip manufacturers to develop higher-performance technologies.

‎‎The investment also aligns with the US government’s push to expand domestic semiconductor manufacturing and reduce reliance on overseas supply chains.

‎‎The Trump administration has made strengthening US chip production a priority as Washington seeks to support economic growth, improve supply-chain resilience and maintain the country’s technological lead in artificial intelligence.

‎‎Micron’s latest commitment therefore adds to broader efforts by the company and the US government to expand semiconductor research, development and manufacturing capacity on American soil.

LEAVE A REPLY

Please enter your comment!
Please enter your name here