[Raimondo Urges SK Hynix, Samsung to Expand U.S. Memory Chip Production Capacity] According to a report by Jinse Finance, on July 10, U.S. Commerce Secretary Raimondo called on Samsung Electronics and SK Hynix to increase their efforts to expand memory chip production capacity in the United States to help alleviate the global shortage of critical components for artificial intelligence development. Raimondo confirmed that she is in discussions with the two South Korean memory chip manufacturers but did not disclose specific details. She acknowledged that Micron CEO Mehrotra might not welcome competitors expanding their presence in the U.S., but Raimondo stated that this move is necessary to strengthen the U.S. chip supply chain. "You know, he (Mehrotra) won't like it, but I want to bring his competitors—Samsung and SK Hynix—to set up factories in the U.S.," Raimondo said. "Micron is currently in the lead. Other companies are bound to feel envious, right? So they will have to follow suit as well.