Glonghui, May 18 - Micron Technology (MU.US) rose 4.86% to 68.08 US dollars, with a total market capitalization of 74.5 billion US dollars. According to people familiar with the matter, Micron Technology is preparing to receive a financial subsidy of about 200 billion yen (about 1.5 billion US dollars) from the Japanese government to help it produce the next generation of memory chips in its Japanese factory. The financial subsidy is the Japanese government's latest move to boost domestic semiconductor production. People familiar with the matter said that the US company will use the funds to deploy the most advanced EUV chip manufacturing equipment from ASML.US (ASML.US) at the Hiroshima plant in Japan to produce DRAM memory chips. The exact amount of this funding may be announced when Japanese Prime Minister Fumio Kishida met with a delegation of chip executives including Mikoh CEO Sanjay Mehrotra (Sanjay Mehrotra) on Thursday.