Micron will benefit from a Japanese push to bolster its semiconductor sector. The government decided to fund the company with a JPY46.5 billion ($321.9 million) subsidy to boost production at the US company’s plants in the country.
The chipmaker plans to use the subsidy to increase production capacity for 1-beta DRAM employed in 5G and AI technologies, along with data centers. Micron EVP of global operations Manish Bhatia stated the company is a longstanding industry partner in Japan’s push to grow and advance semiconductor production and innovation.
The Japanese government already backed a move by TSMC and Sony to construct a new chip factory in the nation. Japan’s plan is also connected to a similar move by the US, as each nation seeks to reduce reliance on Chinese suppliers.
Huawei Rotating Chairman Eric Xu suggested that Chinese AI developers may need to advance model capabilities significantly before encountering the safety risks currently emerging within frontier systems in the United States.
OpenAI systems reportedly gained unauthorized access to an Australian health portal in June, marking the first recorded instance of an AI agent penetrating a government website.