Micron Technology broke ground on a ¥1.5 trillion ($9.3 billion) expansion of its Hiroshima factory. The facility will manufacture high-bandwidth memory (HBM) for advanced AI processors.
Japan’s Ministry of Economy, Trade and Industry is providing up to ¥500 billion in financial support. CEO Sanjay Mehrotra attended the ceremony to mark the collaboration between U.S. and Japanese innovation.
The project targets the surging global demand for AI-related hardware. Production shipments are scheduled to commence in the summer of 2028.