Micron accelerates global capacity expansion: $9.3 billion Hiroshima plant in Japan breaks ground, AI memory production capacity sprints towards 2028.
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Micron Japan launches over $9 billion chip expansion project, betting on the high bandwidth memory demand in AI.
Odaily Odaily reports that Micron officially broke ground on Saturday for its factory expansion project in Higashihiroshima City, Hiroshima Prefecture, Japan. The project, with a total investment of approximately 1.5 trillion yen (about US$9.3 billion), will produce advanced memory chips for the AI era. The new production line will focus on manufacturing key chips such as high-bandwidth memory (HBM), which are core components supporting the performance of AI processors from companies like Nvidia. Shipments of these chips are expected to begin as early as the summer of 2028. Japan's Ministry of Economy, Trade and Industry has provided subsidies of up to 500 billion yen for the project to strengthen domestic semiconductor manufacturing capabilities and enhance supply chain resilience. This expansion project is seen as a significant step for Japan in strengthening its semiconductor manufacturing footprint in the global AI chip competition. (Bloomberg)
Micron is expanding its chip manufacturing plant in western Japan by $9 billion, with production and shipments expected to begin around summer 2028.
According to BlockBeats, on July 4th, Micron Technology officially launched the expansion project of its western Japan factory, with a total investment of 1.5 trillion yen, for the production of advanced memory chips. This expansion is part of its global capacity expansion plan, aiming to meet the needs of the artificial intelligence industry; the Japanese government will provide subsidies of up to 500 billion yen to share the construction costs. This factory expansion will help Micron improve the energy efficiency and data transmission efficiency of chips required for artificial intelligence services and autonomous vehicles. The expanded production line is expected to be operational and shipping around the summer of 2028.
Accelerating its global expansion, my country's robot exports reached nearly 20 billion yuan in the first five months of this year.
This year, my country's robot exports have continued to expand, with a constantly optimized product structure, injecting new momentum into the globalization of high-end manufacturing. According to customs statistics, in the first five months of this year, domestically produced robots accelerated their global expansion. A total of 10.377 million robots, listed separately, were exported, with a total export value of 19.99 billion yuan, reaching more than 150 countries and regions worldwide. The EU and ASEAN were the main export destinations. Looking at specific categories, my country's robot exports have formed a diversified matrix. Cleaning robots lead all categories, with exports reaching 14 billion yuan, accounting for more than 70% of the total robot export value. Relying on core technologies such as autonomous navigation, automatic dust collection, and intelligent wastewater recycling, domestically produced cleaning robots accurately match the diverse living environments overseas, demonstrating significant advantages. In the industrial application sector, approximately 70,000 domestically produced industrial robots were exported in the first five months, with overseas application scenarios continuing to expand. Handling robots equipped with visual recognition and intelligent algorithms are widely used in large-scale overseas infrastructure and transportation projects; welding robots with automatic scanning and modeling functions can calculate the optimal process solution in real time; and collaborative robots are playing a significant role in overseas food, pharmaceutical, and daily chemical light manufacturing industries. In cutting-edge emerging sectors, over 8,000 intelligent bionic robots have been exported, covering diverse scenarios such as equipment inspection, scientific research and teaching, and public services. Leveraging China's complete and comprehensive industrial chain, the export scale of domestically produced robots is steadily expanding. (CCTV News)
Micron Technology is investing $9.3 billion to expand its advanced memory chip project, with HBM expected to ship in the second half of 2028.
PANews reported on July 5th that Micron Technology officially launched the expansion project of its Hiroshima plant in western Japan on Saturday (July 4th). This project, with a total investment of 1.5 trillion yen (approximately US$9.3 billion), aims to produce advanced memory chips, including high-bandwidth memory (HBM), to meet the booming demand driven by the artificial intelligence wave. HBM is a key component of Nvidia's AI processors, and the plant is expected to begin shipping around the summer of 2028. Recently, Micron, Samsung Electronics, and SK Hynix have all announced plans to expand their manufacturing capabilities. Earlier this week, SK Hynix announced plans to invest 80 trillion won (approximately US$51.46 billion) to build a new NAND memory chip factory in Cheongju, the capital of North Chungcheong Province, South Korea.
The Canada Pension Plan Investment Board will invest $1.75 billion to support EQT's expansion of its AI infrastructure.
BlockBeats reported on July 4th, citing Bloomberg, that the Canada Pension Plan Investment Board (CPP Investments) announced on Friday that it will invest $1.75 billion to support EQT AB's artificial intelligence infrastructure development. In its statement, CPP Investments indicated that the AI infrastructure expansion project will be led by EQT subsidiary EdgeConneX. Over the next few years, EdgeConneX plans to add more than 10 gigawatts (GW) of data center capacity to meet the growing demand for computing power infrastructure from artificial intelligence. Click the original link below to join the Beating · Lark AI news channel for 24/7 monitoring of global AI hotspots and news.
SK Hynix's roadshow presentation slides revealed: The motivation for listing stems from a dual pursuit of valuation reassessment and capital expansion.
According to Odaily Odaily, SK Hynix's US IPO roadshow presentation slides have been leaked. It is reported that Baillie Gifford Overseas Limited, Coatue Management, and Situational Awareness Partners have individually (but not jointly) expressed their intention to subscribe for American Depositary Shares (ADSs) in this offering, with a total value of up to US$7 billion, at the initial public offering price. According to disclosed information, SK Hynix's IPO is driven by a dual motivation: valuation reassessment and capital expansion. It has long faced a valuation discount, currently trading at a forward 12-month price-to-earnings ratio of 6.2, lower than Micron Technology's 7. Measured by forward price-to-sales ratio, its 3.6 is also lower than Micron's 4.6. The fundamental reason for this valuation gap lies in the obstacles faced by US investors in directly investing in Korean stocks. Furthermore, the funds raised will be invested in expanding domestic production capacity in South Korea, including 45.5 trillion won in capital expenditure and 11.9 trillion won in EUV lithography machine procurement. (leinews)