US Secretary of Commerce Howard Lutnick called on Samsung Electronics and SK Hynix to accelerate the expansion of memory chip production in the US to help ease the global shortage of key components needed for the development of artificial intelligence. Lutnick said at an event hosted by Micron Technology that he is in discussions with these two South Korean memory chip manufacturers, but declined to give specific details. He acknowledged that Micron CEO Sanjay Mehrotra may not be happy to see competitors expand their presence in the US, but he emphasized that the US needs to establish a more stable chip supply chain. “You know, he won't like this, but I want to bring his rivals — Samsung and SK Hynix — to the US to build a factory,” Lutnick said. “Micron is paving the way. Now other companies would be jealous, right? They also have to follow up.”

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