Micron (MU.US) pre-market rises over 4%, plans to expand Japan factory to produce next-generation AI memory.

Jinse Finance reported that on July 9, Micron (MU.US) rose more than 4% before the market opened, trading at $989.49. Recently, Micron Technology’s Japan Hiroshima factory expansion project was launched. The project has a total investment of 1.5 trillion yen, and it plans to begin mass production of advanced storage products such as HBM starting in 2028, with supplies to leading customers such as Nvidia expected in the summer of 2028. The Japanese government will provide subsidies of up to 536 billion yen for the project.
MU7.20%
NVDA-0.98%
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