SHALOM OLALEYE
U.S. memory chip maker, Micron is increasing its investment in Taiwan and Japan to compete with South Korean rivals in capturing demand from the AI boom.
Micron’s advanced Dynamic Random-Access Memory (DRAM) and High-Bandwidth Memory (HBM) chips are crucial for AI computing applications, and Taiwan is the company’s largest production base for DRAM chips.
President and CEO, Micron, Sanjay Mehrotra said,
“AI products require significantly more capacity and complexity of memory.
“AI memory is really critical for the AI revolution, and I’m so proud that Micron Taiwan is at the heart of that AI revolution.”
Micron has also opened a new production facility in Taichung, Taiwan, to expand HBM production. The company plans to invest $3.6 billion in Japan over the next few years.
Micron is aiming to boost its HBM production to meet the growing demand and compete with SK Hynix, Samsung, and Nvidia in the sector. The company is also focusing on on-device generative AI and has partnered with chip developers like Qualcomm. Micron expects the chip market to recover soon, but it is still monitoring the situation.
