Micron CEO Sees Research Initiative Boosts U.S. Semiconductor Standing
Dow Jones00:59
1259 ET - Micron Technology's new research initiative aims to help the U.S. get a competitive edge in semiconductor and memory innovation, CEO Sanjay Mehrotra says. The semiconductor company's Micron Research Labs will be headquartered in Boise with satellite campuses around the globe, and bring together a number of stakeholders--including customers, academia, government and the broader semiconductor ecosystem--to pursue breakthroughs in memory and AI, he says. The initiative will be "driving America's leadership in semiconductor and memory technology," he says during an appearance on CNBC. The labs will be backed by a planned $10 billion investment over the next decade, the company says.
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