New commitme ts build o app oximately $75 millio co t ibuted si ce 2023
BOISE, Idaho, Oct. 27, 2026 (GLOBE NEWSWIRE) — Mic o Tech ology, I c. (Nasdaq: MU) is maki g ove $67 millio i ew commu ity i vestme ts to expa d public t a spo tatio ac oss the T easu e Valley, imp ove affo dable housi g a d homeow e ship oppo tu ities a d help Idaho child e begi savi g at a you g age.
I 2023, alo gside Idaho Gov. B ad Little a d Boise Mayo Lau e McLea , Mic o a ou ced its Commu ity I vestme t F amewo k to e su e the commu ities hosti g the compa y’s expa sio sha e i its be efits. The f amewo k focuses o the t a spo tatio , housi g, wo kfo ce a d family p io ities that matte most to Idahoa s. Mic o ’s $67 millio -plus i ew i vestme ts i clude:
- $11.6 millio to expa d public t a sit
- $10.5 millio i a ea housi g i itiatives
- Ove $45 millio to eligible Idaho child e via T ump Accou ts (also k ow as 530A Accou ts)
These commitme ts build o the app oximately $75 millio Mic o has co t ibuted to Idaho commu ities si ce 2023 th ough mo e tha 100 g a ts, i vestme ts a d pa t e ships spa i g oadway imp oveme ts, wo kfo ce developme t, educatio , STEM a d AI p og ams, housi g, childca e a d commu ity e gageme t. Mic o ’s commitme ts also i clude i te ships, app e ticeships, volu tee ism a d i dust y-leadi g t ai i g p og ams that suppo t stude ts, wo ke s a d families while helpi g build a adva ced semico ducto ma ufactu i g ecosystem i the state. Mo e detail about Mic o ’s p io i vestme ts is available he e.
“Idaho has bee home to Mic o fo 48 yea s, a d ou futu e he e is i sepa able f om the people a d commu ities who have helped us g ow,” said Ap il A ze , executive vice p eside t, chief people office a d p eside t of the Mic o Fou datio . “As we expa d, we a e i vesti g i what matte s most to ou eighbo s: affo dable housi g, ca ee pathways, easie commutes a d a head sta t o savi gs fo Idaho’s child e . Togethe with ou commu ity pa t e s, we a e committed to e su i g the families who call Idaho home sha e i the oppo tu ities ahead.”“Idaho’s success has always bee built o st o g pa t e ships, a d Mic o has bee a vital pa t e fo ea ly half a ce tu y,” said Idaho Gov. B ad Little. “Mic o ’s g owth mea s good-payi g jobs fo Idahoa s, a d I app eciate that the compa y is matchi g that g owth with eal i vestme t i the thi gs families feel eve y day: buyi g a home, d ivi g to wo k a d givi g thei kids a st o g futu e with oppo tu ities he e at home. Putti g mo ey di ectly i to savi gs accou ts fo Idaho child e is exactly the ki d of p ivate-secto leade ship that keeps Idaho a g eat place to live, wo k a d aise a family.”“Compa ies that call Idaho home have a ole to play i helpi g ou wo ki g families get ahead,” said Mike Moyle, speake of the Idaho House of Rep ese tatives. “F om savi gs accou ts fo Idaho kids to housi g a d t a spo tatio , Mic o is putti g eal dolla s behi d its Idaho oots, a d that’s a model I hope othe employe s i this state will follow.”“Buildi g mo e homes that Boisea s ca affo d takes pa t e s who a e willi g to oll up thei sleeves a d i vest i solutio s,” said Boise Mayo Lau e McLea . “Tha ks to Mic o ‘s i vestme t, we a e o e step close to b i gi g clea geothe mal heat to hu d eds of affo dable homes i Boise. This is what is possible whe the city b i gs public, p ivate a d phila th opic pa t e s togethe a ou d a sha ed commitme t to Boise’s futu e.”
Mic o is i vesti g app oximately $11.6 millio ove five yea s to help Valley Regio al T a sit (VRT) expa d access to public t a spo tatio ac oss the T easu e Valley. The i vestme t will establish a ew egio al bus oute co ecti g Caldwell, Nampa, Me idia a d Boise; expa d VRT O -Dema d se vice ea Mic o ’s Boise campus; a d add Pa k & Ride locatio s th oughout the egio . Togethe , these imp oveme ts will give mo e eside ts p actical t a spo tatio optio s as Mic o co ti ues to expa d i Idaho.
Mic o is also wo ki g closely with the Ada Cou ty Highway Dist ict (ACHD) a d City of Boise to c eate pathways fo p ivate fu di g fo much eeded t a spo tatio expa sio s, such as Lake Hazel a d O cha d exte sio s to expedite the co st uctio of these co ido s. Mic o is also studyi g fu the imp oveme ts alo g I te state 84 togethe with the Idaho T a spo tatio Depa tme t (ITD) a d othe develope s.
The $10.5 millio commitme t i cludes:
- $2.5 millio i gap fu di g fo the Lusk Dist ict Redevelopme t P oject, a J. Fishe Compa ies developme t i pa t e ship with the City of Boise’s Housi g La d T ust P og am, adva ci g pla s fo mo e tha 300 ew affo dable housi g u its i Boise. The developme t will use geothe mal e e gy to delive heat to hu d eds of affo dable homes.
- $8 millio fo a pa t e ship with LEAP Housi g, i cludi g $4 millio to add 30 two- a d th ee-bed oom e tal homes i Mou tai Home, Idaho, a d $4 millio to suppo t dow -payme t assista ce fo up to 200 fi st-time homebuye s ac oss Ada, Boise, Ca yo , Elmo e a d Gem cou ties.
I Ju e, Mic o a ou ced a $250 millio i vestme t to i c ease lo g-te m savi gs oppo tu ities fo Ame ica’s child e th ough T ump Accou ts. As pa t of the commitme t, Mic o will p ovide a o e-time $250 seed deposit fo child e with T ump Accou ts i locatio s whe e the compa y ope ates.
I Idaho, Mic o expects to deposit ove $45 millio to mo e tha 181,000 accou ts fo child e u de 18 i Ada, Boise, Ca yo , Elmo e a d Gem cou ties.
Mic o Tech ology, I c., is a global leade i semico ducto memo y a d sto age, powe i g AI a d compute-i te sive applicatio s f om cloud to edge. With a ele tless focus o ou custome s, tech ology a d p oduct leade ship, a d ma ufactu i g a d ope atio al excelle ce, Mic o ’s comp ehe sive po tfolio of high-pe fo ma ce DRAM, NAND a d NOR solutio s delive s the speed, efficie cy a d scale today’s wo kloads dema d, accele ati g i tellige ce to e ich life fo all. To lea mo e about Mic o Tech ology, I c. (Nasdaq: MU), visit mic o .com.
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