Micron to invest $9.6 billion in Japan to build AI memory chip plant, Nikkei reports

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Micron Technology will invest 1.5 trillion yen ($9.6 billion) to build a new plant in Hiroshima in western Japan to produce advanced high-bandwidth memory (HBM) chips, the Nikkei reported on Saturday, citing people familiar with the matter.

The US chipmaker aims to start construction at an existing site in May next year and begin shipments around 2028, with Japan’s Ministry of Economy, Trade and Industry providing up to 500 billion yen for the project, the Nikkei said.

Reuters could not immediately verify the report.

To revive its aging semiconductor…



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Micron to invest $9.6 billion in Japan to build AI memory chip plant, Nikkei reports



Micron Technology will invest 1.5 trillion yen ($9.6 billion) to build a new plant in Hiroshima in western Japan to produce advanced high-bandwidth memory (HBM) chips, the Nikkei reported on Saturday, citing people familiar with the matter.

The US chipmaker aims to start construction at an existing site in May next year and begin shipments around 2028, with Japan’s Ministry of Economy, Trade and Industry providing up to 500 billion yen for the project, the Nikkei said.

Reuters could not immediately verify the report.

To revive its aging semiconductor…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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