Micron Invests $50B to Expand Boise Campus
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 17 2026
0mins
Should l Buy MU?
Micron is spending $50B in Boise to more than double the size of its 450-acre campus, including the construction of two new chip factories, Robbie Whelan of The Wall Street Journal reports. The first factory's silicon wafers are expected to roll off the factory line in mid-2027. Each factory will be 600,000 square feet. Additionally, Micron recently broke ground on a $100B factory complex, representing New York's largest private investment, and announced a $9.6B investment in Japan
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Analyst Views on MU
Wall Street analysts forecast MU stock price to fall
26 Analyst Rating
24 Buy
2 Hold
0 Sell
Strong Buy
Current: 496.720
Low
235.00
Averages
336.12
High
500.00
Current: 496.720
Low
235.00
Averages
336.12
High
500.00
About MU
Micron Technology, Inc. provides memory and storage solutions. The Company delivers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. The Company's products enable advancing in artificial intelligence (AI) and compute-intensive applications. Its segments include Cloud Memory Business Unit (CMBU), Core Data Center Business Unit (CDBU), Mobile and Client Business Unit (MCBU) and Automotive and Embedded Business Unit (AEBU). CMBU is focused on memory solutions for large hyperscale cloud customers, and high bandwidth memory (HBM) for all data center customers. CDBU is focused on memory solutions for mid-tier cloud, enterprise, and OEM data center customers and storage solutions for all data center customers. MCBU is focused on memory and storage solutions for mobile and client segments. AEBU is focused on memory and storage solutions for the automotive, industrial, and consumer segments.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Optimized Profit Model: With rising prices for SSDs and memory, Sandisk is able to maintain higher profit margins alongside revenue growth, propelling its stock price, although its forward P/E ratio of 20.5 indicates some valuation pressure.
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See More
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- Significant Revenue Growth: In the latest quarter, Sandisk achieved a 61% year-over-year growth rate, with diluted earnings per share rising 404% year-over-year, demonstrating that strong demand in the memory and storage markets is driving the company's profitability.
- Robust Market Demand: Due to the immense demand for memory from AI chips, Sandisk's SSD business is thriving, as SSDs serve as an effective alternative for AI companies to store information despite tight memory supplies, further enhancing the company's market position.
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See More
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