Micron is putting $10bn into a Boise research lab on a ten-year horizon. Its CEO says AI changed what memory is worth. Its shares fell 29% in July.

The research facility will bring together industry, government, academia and other stakeholders to pursue AI memory compute breakthroughs. Construction is expected to begin next…

Micron's AI-fueled rise and expansion are creating jobs and wealth in Boise, Idaho, while adding pressure to housing, traffic and the city's identity.