Semiconductor Supply Chain: Micron plans up to $3bn to strengthen the US chip ecosystem, including $500m for GlobalWafers’ 300mm silicon wafer facility in Texas and a 10-year supply deal. AI Chips & Pressure on Memory Makers: US Commerce Secretary Howard Lutnick urged Samsung and SK hynix to expand US production after Micron’s Clay, New York concrete-pour milestone. Energy Storage Manufacturing (India): Tamil Nadu signed a ₹15,037 crore MoU with Vikram Solar for BESS manufacturing in Tirunelveli, while Pace Digitek’s Lineage Power inked MoUs to supply domestically made BESS systems. Battery Alternatives: California startup Peak Energy says its Sacramento sodium-ion battery packs will ship at commercial scale in early 2027 for grid and data-center storage. Industrial Output Watch (Europe): Italy’s industrial output fell in May, ending a three-month rise, with weakness tied to energy costs and geopolitics. Workplace Safety (China): A deadly shoe factory fire in Jinjiang triggered arrests and account freezes as authorities probe safety failures. Trade & Regulation: Korea imposed anti-dumping duties on European PVC paste resin imports; Bahrain moved toward banning thin single-use plastic bags. Defense Industrial Base (Ukraine): Zelensky said Ukraine wants Mitsubishi’s help on Patriot missile production, while drone strikes hit Russian oil facilities. US Manufacturing Real Estate: Shreveport’s former GM plant is now fully occupied again, with SLB expanding its data-center infrastructure footprint.