$MU Micron Technology officially begins the expansion project of its western Japan facility. The project has a total investment of 1.5 trillion yen and will be used to produce advanced memory chips. This expansion is part of the U.S. company’s global capacity expansion plan, aimed at meeting the demand from the artificial intelligence industry. The Japanese government may provide up to 500 billion yen in subsidies to share the construction costs. The factory expansion will help Micron improve the energy efficiency and data transmission efficiency of chips needed for artificial intelligence services and autonomous driving vehicles. The expanded production lines are expected to begin production and shipments around the summer of 2028.