Micron on IT News

Micron Is Spending $10 Billion on a Hiroshima Factory to Make AI Chips for Nvidia

Sat, 04 Jul 2026 00:00:00 +0800

Japan’s semiconductor revival just got a $10 billion turbocharge. Micron announced Friday it will invest ¥1.5 trillion (about $10 billion) to expand its DRAM factory in Hiroshima, with the extra capacity dedicated to the high-bandwidth memory chips that keep Nvidia’s AI accelerators fed.

Japan’s Ministry of Economy, Trade and Industry (METI) is chipping in up to ¥500 billion ($3.3 billion) in subsidies for the project, according to public filings. Construction is already underway, and Micron expects the expanded facility to start producing in 2028.

The expansion is all about HBM — high-bandwidth memory, the specialized DRAM stacked vertically alongside AI processors. Without it, even Nvidia’s most powerful GPUs stall out waiting for data. HBM is what made SK Hynix and Micron essential players in the AI hardware boom, and demand is still running well ahead of supply.

Micron Posts $28.2 Billion Net Profit in Q3 FY2026, Up 1,398% as AI Memory Boom Intensifies

Thu, 25 Jun 2026 05:00:00 +0800

Micron Technology has delivered what may be the most explosive quarterly earnings report in semiconductor history. For the third quarter of fiscal 2026, the memory giant posted net income attributable to shareholders of $28.24 billion — a staggering 1,398% increase year-over-year — on revenue that nearly quadrupled to $41.46 billion, far exceeding the $33.5 billion consensus estimate. Gross margin soared to an all-time high of 84.6%, a 46.9-percentage-point leap from the same period a year ago, underscoring the unprecedented pricing power and structural profitability shift driven by AI memory demand.

Micron and Anthropic Forge Strategic AI Infrastructure Partnership

Mon, 22 Jun 2026 19:20:00 +0800

Micron Technology and Anthropic have announced a sweeping strategic partnership aimed at jointly building the next generation of artificial intelligence infrastructure, bringing together one of the world’s largest memory and storage manufacturers and one of the most prominent frontier AI labs in a multi-layered collaboration that spans hardware co-engineering, long-term supply commitments, enterprise software adoption, and direct equity investment.