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Well, chip chip maker Micron is investing an additional $30 billion in the US, bringing the total manufacturing and research and development investment up to roughly $200 billion. For more, we’re bringing in now Yahoo Finance tech editor Dan Haley. Dan.

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That’s right, Josh. This investment is part of Micron’s bid to expand their manufacturing inside the US. So one of the uh pieces of this includes a new plant in Idaho. They already have a plant that that’s under construction now in Idaho. This would be, uh, the second one there. They also have a mega facility that they’re building in New York. They’re still, uh, uh, working the ground there, not necessarily getting things up and, uh, built yet, but preparing the ground. That would be 4 fabric.facilities, fabrication facilities are just a place where chips are built. They call them fabs, who knows why, uh, and then also, uh, expanding their R&D so there’s places, uh, obviously in Virginia as well that they have, uh, that they’re expanding here. Part of this funding, 6.5 billion comes from the US Chips Act that’s based on, uh, or meant to allow companies to expand their presence in the US, reshore some of the chip manufacturing here, and just to give everyone a.Uh, kind of, you know, background micron produces memory, both, uh, random access memory as well, as well as stable memory stuff that, you know, you would store data on. And one of the other things that they produce is HBM or high bandwidth memory, and that’s regularly found in a number of the AI data centers that are used. Nvidia leans on it, uh, AMD leans on it. Anybody that’s working in the AI space now uses high bandwidth memory andUh, Micron isn’t the only company that produces it that manufactures in the US. SK Heins, uh, South Korean company also has a facility in the US. And so, you know, it’s, it’s a big move for Micron showing that more companies are, are building uh chip manufacturing in the US. The, the one caveat here though is while we’re, we are seeing more construction in the US, it doesn’t mean that the US is automatically becoming, uh, the biggest manufacturer.Of chips in the world. Uh, it’s just building on what it previously had obviously, uh, kind of ensuring that it doesn’t necessarily have to rely entirely on foreign made chips, though they still will heavily.

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Dan, you point out in your very good report, sir, that an interesting factor, which is that Micron is not the only company bringing HBM production to the US high bandwidth memory and SK Heinix is doing the same thing in in Indiana. I am just curious, Dan, to get your take on that. Why, why all this interest in HBM

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specifically?Yeah, this is the, the memory that goes into uh the, the chips that you would see from, uh, say, Nvidia, their Blackwell chips or their hopper chips or AMD. They just announced their, their new MI 350 line of chips today, uh, or launched them rather, they had announced them quite a while ago, but this high bandwidth memory is imperative for passing information back and forth when it comes to AI training models.And so that’s really where it’s shining, that, that’s where it’s going to go. That’s where, uh, companies are looking to place it. And so, I believe with AMD their announcement was Samsung and another manufacturer when it comes to the HBM, uh, but obviously Micron, a big name in this space as well, uh, and there’s plenty of demand for this kind of memory. And so you’ll see that, uh, be a, a huge component for these AI data centers going forward.

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Thank you, Dan, appreciate it.