Japan Prepares To End Quantitative Tightening Amid Bond Market Turmoil

Micron Breaks Ground On $9 Billion Hiroshima Memory Chip Plant US memory giant Micron Technology on Saturday broke ground on the expansion of its factory in Japan's Hiroshima Prefecture, a ¥1.5 trillion ($9.3 billion) undertaking to produce advanced memory chips, Bloomberg reported.  The Boise, Idaho-based company is building the facility in Hiroshima Prefecture to make chips such as high-bandwidth memory crucial for AI processors like Nvidia’s, with shipments to start around the summer of 2028. The Ministry of Economy, Trade and Industry has allocated up to ¥500 billion to help cover...

The US Army has used much of its stockpile of accurate long-range missiles in the Iran war, Reuters reported on Tuesday, citing people familiar with the data. The report said that the missiles include the Army Tactical Missile Systems (ATACMS), surface-to-surface missiles that are fired from HIMARS rocket systems, and the Precision Strike Missiles (PrSM), […]