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Micron Acquires Taiwan Semiconductor Site for $1.8 Billion

1/19/2026

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Summary

Story summary

Micron Technology, Inc. will acquire Powerchip Semiconductor Manufacturing Corp.'s P5 fabrication site in Tongluo, Taiwan, for $1.8 billion and form a long-term partnership with Powerchip.
The deal will add 300,000 square feet of cleanroom space to Micron's dynamic random access memory (DRAM) production.
Micron expects to close by the second quarter of 2026, with production ramping starting in the second half of 2027 to meet AI memory demand.

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Story summary

Micron Technology, Inc. will acquire Powerchip Semiconductor Manufacturing Corp.'s P5 fabrication site in Tongluo, Taiwan, for $1.8 billion and form a long-term partnership with Powerchip.
The deal will add 300,000 square feet of cleanroom space to Micron's dynamic random access memory (DRAM) production.
Micron expects to close by the second quarter of 2026, with production ramping starting in the second half of 2027 to meet AI memory demand.