10/21, 11:31 AM (Source: TeleTrader)
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Chipmaker Micron plans $150 billion expansion - report

Micron Technology Inc. has been negotiating with governments across the world over setting up new chip manufacturing locations primarily in Europe and Japan, according to a report published by Nikkei on Thursday.

The decade-long investment plan created by the American chip giant is said to be worth $150 billion. "On the future generations [of chip technology] we are in discussions with multiple governments in Japan, Taiwan, the US and others about what we will do next," executive vice president Manish Bhatia was cited as saying.

Micron also considers implementing the extreme ultraviolet (EUV) lithography equipment in its technology, which currently only one company in the world is capable of utilizing - Dutch semiconductor company ASML Holding.

Breaking the News / ND