00:00U.S. chip firm Micron is reportedly investing nearly 10 billion U.S. dollars to build a new
00:05factory in Japan to meet the booming demand for AI memory. Nikkei Asia reports the facility in
00:12Hiroshima will make high-bandwidth memory units, or HBM, advanced components often used in cutting
00:18edge AI chip designs. It's expected to be one of the most advanced HBM facilities in the world,
00:24and will begin shipping memory in 2028. Japan will reportedly provide up to 3.2 billion U.S.
00:30dollars in subsidies. Micron has captured an increasing share of the HBM market,
00:36still mostly dominated by South Korean giants Samsung and SK Hynix.
00:41The Japan investment marks a diversification for Micron beyond Taiwan, where most of its HBM
00:46is currently made. Micron is one of the largest foreign investors and employers in Taiwan.
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