Svmuu News Micron officially broke ground on Saturday in Higashi-Hiroshima City, Hiroshima Prefecture, Japan, for its factory expansion project. The project, with a total investment of approximately 1.5 trillion yen (about $9.3 billion), is aimed at producing advanced memory chips for the AI era.
According to reports, the new production lines will focus on manufacturing key chips such as High Bandwidth Memory (HBM), which are core components supporting the performance of AI processors from companies like Nvidia. Shipments of these chips are expected to begin as early as the summer of 2028.
Japan’s Ministry of Economy, Trade and Industry has provided up to 500 billion yen in subsidies for the project to strengthen domestic semiconductor manufacturing capabilities and enhance supply chain resilience.
This expansion project is seen as a significant step for Japan in strengthening its semiconductor manufacturing footprint amid global competition in AI chips. (Bloomberg)