{"id":55260,"date":"2026-07-08T16:08:07","date_gmt":"2026-07-08T16:08:07","guid":{"rendered":"https:\/\/www.europesays.com\/japan\/55260\/"},"modified":"2026-07-08T16:08:07","modified_gmt":"2026-07-08T16:08:07","slug":"9-3b-japan-factory-expansion-assert-micron-technology-inc-mu-as-a-top-ai-stock-on-wall-street-radar","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/japan\/55260\/","title":{"rendered":"$9.3B Japan Factory Expansion Assert Micron Technology Inc. (MU) as a Top AI Stock on Wall Street Radar"},"content":{"rendered":"\n

Micron Technology Inc. (NASDAQ:MU<\/a>) is one of the AI stocks on Wall Street’s radar<\/a>. On July 4, Bloomberg reported that Micron has broken ground on the expansion of a factory in Western Japan. The $9.3 billion investment is part of the company’s push to expand capacity for advanced memory chip production. <\/p>\n

\"$9.3B<\/a> $9.3B Japan Factory Expansion Assert Micron Technology Inc. (MU) as a Top AI Stock on Wall Street Radar <\/p>\n

Posonskyi Andrey\/Shutterstock.com <\/p>\n

Japan’s Ministry of Economy, Trade, and Industry has already allocated up to \u00a5500 billion to cover construction costs. The expansion will help Micron increase power and transmission efficiency in chips for AI services and self-driving cars. The funds will also support research and development. <\/p>\n

The company plans to build a facility in Hiroshima to capitalize on the growing demand for high-bandwidth memory, which is crucial to artificial intelligence processors. Shipments from the facility are expected to start in the summer of 2028. Micron is also building two leading-edge fabs in Boise, Idaho, to increase DRAM production in the US. <\/p>\n

Micron Technology, Inc. (NASDAQ:MU) develops and sells memory and storage products for data centers, mobile devices, and various industries worldwide. <\/p>\n

While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the\u00a0<\/a>best short-term AI stock<\/a>. <\/p>\n

READ NEXT:\u00a010 Best Dividend Stocks Yielding at Least 5% to Buy According to Hedge Funds<\/a>\u00a0and\u00a0Top 10 Stocks to Buy According to Ariel Investments<\/a>. <\/p>\n

Disclosure: None. Follow Insider Monkey on Google News<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"Micron Technology Inc. (NASDAQ:MU) is one of the AI stocks on Wall Street’s radar. On July 4, Bloomberg…\n","protected":false},"author":2,"featured_media":55261,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[5018,36524,8,2362,36522,33,1714,36523],"class_list":["post-55260","post","type-post","status-publish","format-standard","has-post-thumbnail","category-japan","tag-ai-stock","tag-and-industry","tag-japan","tag-japans-ministry-of-economy","tag-micron-technology-inc","tag-nihon","tag-trade","tag-western-japan"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/55260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=55260"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/55260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/55261"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=55260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=55260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=55260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}