India, July 10 -- Micron Technology has broken ground on a new advanced memory production facility in Hiroshima, Japan, with a total investment of approximately Euro1.5 trillion (approximately $9.3 billion). The Japanese government is providing a substantial subsidy of up to Euro536 billion (approximately $3.3 billion) to accelerate the reconstruction of its semiconductor supply chain.

This move comes immediately after Samsung Electronics and SK Hynix announced massive domestic investments totaling over ₩800 trillion (approximately $523 billion) in South Korea. With China's CXMT also aggressively expanding, the global race to increase memory chip production capacity is intensifying.

While the surge is driven by explosive AI demand...