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Windows Central
Windows Central
Technology
Cale Hunt

"They can pay a 100% tariff, or they can build in America" — US Commerce Secretary issues warning to memory manufacturers as the global RAM crisis deepens

Commerce Memory Howard Lutnick United States Samsung America SK Hynix
Howard Lutnick, US commerce secretary.

Micron, one of the world's largest memory manufacturers, broke ground on a new $100 billion manufacturing plant on January 16 in Syracuse, New York. Attending the ceremony as an honorary shovel-holder was US Commerce Secretary Howard Lutnick.

It was all smiles during the proceedings, but shortly after, Lutnick delivered a direct warning to memory manufacturers that are not operating on US soil. As quoted by Bloomberg:

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