Howard Lutnick, US commerce secretary, during an executive order signing in the Oval Office of the White House in Washington, DC, US, on Monday, June 22, 2026. President Trump signed executive orders Monday aimed at accelerating quantum research, laying the groundwork for federal agencies to adopt the technology and strengthen US defenses against cyberattacks. Photo by Bonnie Cash/UPI | License Photo
July 10 (Asia Today) -- U.S. Commerce Secretary Howard Lutnick called for Samsung Electronics and SK Hynix to expand production in the United States as Micron accelerates a major domestic investment plan, raising questions over whether Washington is signaling continued shortages in artificial intelligence memory chips.
Lutnick referred directly to Samsung and SK Hynix at Micron's large-scale investment site in the United States. Micron is building a production plant in Clay, N.Y.
Lutnick said he wanted to bring Micron competitors Samsung Electronics and SK Hynix to the United States and have them build production facilities there.
The remarks drew attention in South Korea because Samsung and SK Hynix recently announced plans to invest 800 trillion won, about $530 billion, in the Honam region in southwestern South Korea. Industry officials had already expected Washington to push the Korean chipmakers to increase U.S. investment.
