Micron Reportedly to Invest $9.3 Billion to Expand Hiroshima Plant in Japan

According to media reports, Micron Technology held a groundbreaking ceremony on Saturday for the expansion of its plant in western Japan. The project involves an investment of 1.5 trillion yen (equivalent to $9.3 billion) to produce advanced memory chips, including high-bandwidth memory (HBM), primarily to meet demand from AI processors. Shipments of the related products are expected to begin around summer 2028. It is reported that Japan's Ministry of Economy, Trade and Industry will provide up to approximately 500 billion yen in subsidies. The project is part of Micron's global capacity expansion plan for AI memory, while the company is also advancing large-scale advanced-process investments in Idaho and New York to boost DRAM and HBM supply capabilities.