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Micron Breaks Ground on $9 Billion Western Japan Plant Expansion

Micron Breaks Ground on $9 Billion Western Japan Plant Expansion
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Micron Breaks Ground on $9 Billion Western Japan Plant Expansion Micron Technology Inc. on Saturday broke ground on the expansion of its factory in western Japan, a ¥1.5 trillion ($9.3 billion) undertaking to produce advanced memory chips. The Boise, Idaho-based company is building the facility in Hiroshima to make chips such as high-bandwidth memory crucial for AI processors like Nvidia Corp.’s, with shipments to start around the summer of 2028. Japan’s Ministry of Economy, Trade and...

Micron Breaks Ground on $9 Billion Western Japan Plant Expansion Micron Technology Inc. on Saturday broke ground on the expansion of its factory in western Japan, a ¥1.5 trillion ($9.3 billion) undertaking to produce advanced memory chips. The Boise, Idaho-based company is building the facility in Hiroshima to make chips such as high-bandwidth memory crucial for AI processors like Nvidia Corp.’s, with shipments to start around the summer of 2028. Japan’s Ministry of Economy, Trade and Industry has allocated up to ¥500 billion to help cover the cost.
Micron Breaks Ground (ORG) Japan (LOCATION) Boise (LOCATION) Idaho (LOCATION) Hiroshima (LOCATION) Nvidia Corp.’s (ORG) Ministry of Economy, Trade and Industry (ORG)
Originally published by Bloomberg Technology Read original →