Micron has started building a $9.3 billion expansion at its chip factory in Hiroshima, Japan.
The new factory will make high-bandwidth memory (HBM) chips, which are used in AI chips from companies like Nvidia. Production is expected to start in the summer of 2028.
The Japanese government is helping pay for the project with up to ¥500 billion to support the country’s chip industry.
Micron bought the Hiroshima factory when it acquired Elpida Memory in 2013 and says its first HBM chips were developed there