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Micron to build $9.6bn chip factory in Japan
Business
Micron, a major US chipmaker, is dropping about $9.6 billion into a new factory in Hiroshima, Japan.
This plant will make high-bandwidth memory (HBM) chips—essential tech for powering AI and data centers.
Construction kicks off in May next year, with the first chips set to roll out by 2028.
Why this matters:
This move helps Micron spread its manufacturing beyond Taiwan and take on big rivals like South Korea's SK Hynix.
Japan is backing the project with up to 500 billion yen in support as part of its push to revive its semiconductor industry and attract global tech investment.
Demand for these advanced chips is only set to grow as AI keeps booming.