Japan will pay up to $320M for the chip manufacturing of a US company.

A major American chipmaker will receive a subsidy from Japan worth up to 46.6 billion yen ($322 million) to help ...

its ambition to develop advanced memory chips at a Hiroshima factory, according to the news source.

Following U.S. Vice President Kamala Harris' visit to Japan, it was announced that Micron Technology would receive financial support.

As the two nations intensify their cooperation, manufacturing and supply channels for vital minerals are being expanded.

Yasutoshi Nishimura, Japan's minister for trade and the economy, stated.

"I expect the agreement will assist to increasing semiconductor cooperation between Japan and the United States,"

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