Sanand, Feb. 28 -- Micron Technology CEO Sanjay Mehrotra announced today that the company's new Semiconductor Assembly, Test, and Packaging (ATMP) facility in Sanand, Gujarat, will produce "multiple hundreds of millions of chips per year."

Speaking at the inauguration of the plant, Mehrotra emphasised that "this facility will convert advanced DRAM and NAND wafers from Micron's global network into multiple hundreds of millions of chips per year that go into our finished products for our global customers.

"There is no artificial intelligence without data," Mehrotra stated. "And there is no data without memory and storage. And the memory and storage that powers AI for everyone, that is what Micron builds."

The project involves a planned i...