Japan confirms ¥192 billion will flow to help Micron build Hiroshima plant

Japan's Ministry of Economy, Trade, and Industry, has confirmed it will fund Micron Technology's planned memory plant in Hiroshima to the tune of ¥192 billion ($1.3 billion), labelling the sum an investment in the nation's semiconductor industry. Minister Yasutoshi Nishimura yesterday announced the funding – which was first …

[graeme leggett]

Comparing chips to crisps?

"The $1.3 billion Japan will send Micron's way is tiny compared to the $52.7 billion the US government's CHIPS Act will dole out, or the €43 billion($47 billion) fund created by the European Union's efforts"

But this is just for a single plant while EU and USA are spreading their money over many locations?