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Micron to invest $3.7 billion in Japan for new DRAM chips

Published 05/17/2023, 08:13 PM
Updated 05/17/2023, 10:20 PM
© Reuters. FILE PHOTO: A smartphone with a displayed Micron logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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(Reuters) -Micron Technology Inc said on Wednesday it plans to invest up to 500 billion yen ($3.70 billion) in extreme ultraviolet (EUV) technology over the next few years with support from the Japanese government.

The latest extreme ultraviolet lithography (EUV) chipmaking machines will be used to make 1-gamma chips, which can be used for mass production of material required in complex applications such as image processing networks.

Micron (NASDAQ:MU) will be the first semiconductor company to bring EUV technology to Japan for production, the company said, adding that it expects to ramp EUV into production on the 1-gamma node in Taiwan and Japan from 2025 onwards.

The announcement comes after the U.S. memory chip maker kicked off mass production of its new high-capacity low-power 1-beta dynamic random access memory (DRAM) chips at its plant in Hiroshima last year.

DRAM chips are memory chips that lose the memory when the power is off.

© Reuters. FILE PHOTO: A smartphone with a displayed Micron logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Japan has been striving to reinvigorate its chip sector, whose global market share has fallen to about 10% from around 50% in the late 1980s, while the United States is increasingly urging its allies to work together to counter China's chips and advanced technology development.

($1 = 135.0500 yen)

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