Morningstar

Applied Materials, Micron Partner to Develop Advanced Memory Chips for AI

Provided by Dow Jones

By Connor Hart 




  Applied Materials and Micron Technology will partner to develop next-generation memory chips to power artificial-intelligence systems. 



  The companies on Tuesday said the collaboration aims to strengthen the semiconductor innovation pipeline in the U.S., working together to advance high-bandwidth memory solutions, including DRAM and NAND memory, or dynamic random-access memory and not-and flash memory. 



  The partnership will bring together advanced research and development capabilities from Applied's Equipment and Process Innovation and Commercialization Center--or EPIC Center, located in Silicon Valley--with Micron's manufacturing abilities. Micron, based in Boise, Idaho, is currently spending $50 billion to more than double the size of its 450-acre campus, including the construction of two new chip factories, or fabs. 



  Applied CEO Gary Dickerson said the collaboration will deepen the companies' longstanding partnership. It comes amid a memory-chip shortage, and as the technologies play an increasingly pivotal role in supporting AI systems. 



  "Memory and storage are essential enablers of AI, and sustained innovation in these technologies is critical to unlocking AI's full potential," Micron CEO Sanjay Mehrotra said. 





  Write to Connor Hart at connor.hart@wsj.com 





  (END) Dow Jones Newswires



  March 10, 2026 09:32 ET (13:32 GMT)


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