In a bid to compete with South Korean rivals, Micron Technology Inc. (NASDAQ:MU) is planning to expand its high-bandwidth memory chip production in the U.S. significantly and is also considering manufacturing in Malaysia. What Happened: Micron, the leading U.S. memory chip maker, is constructing test production lines for advanced HBM chips in the U.S. and is contemplating HBM production in Malaysia for the first time, reported Nikkei Asia on Wednesday, citing sources. The move is aimed at capturing a larger share of the demand from the ongoing AI boom. The company is aiming to more than triple…
