Micron’s $50B Boise expansion plan boosts jobs and local growth
Dave Petso’s long Boise wealth-management career reflects Micron’s shift from “boring” to a major economic driver as the stock has surged more than tenfold since late 2024, pushing the company’s market cap past $1 trillion. Micron expects to begin construction next year on a $50 billion Boise expansion, while locals describe a booming real-estate and business scene tied to the buildout. Micron shares are up 14% in August, and DRAM demand tied to AI memory has fueled the rally.