Micron Completes Taiwan Fab Acquisition and Plans New DRAM Facility
Micron acquired a 300,000 sq ft fab in Taiwan to boost DRAM and high-bandwidth memory production, planning a second 270,000 sq ft facility by fiscal 2026's end.
- Micron Technology has completed the acquisition of Powerchip Semiconductor Manufacturing Corporation's P5 site in Taiwan.
- The new site will be an extension of Micron's existing operations in Taiwan and will support the expansion of leading-edge DRAM products.
- Micron plans to build a second manufacturing facility at the Tongluo site to meet the surging AI demand for products like high-bandwidth memory .
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Planned addition is almost 20% of the company's overall capacity
Micron plans second chip facility at newly acquired Taiwan site
U.S. memory chipmaker Micron Technology said on Monday it plans to build a second manufacturing facility in Taiwan at the Tongluo site it recently acquired from Powerchip Semiconductor Manufacturing Corp .
Why Micron Stock Popped Today
Key PointsHBM prices are surging.Micron is surging HBM production in Taiwan.This won't start to happen before 2028, however.10 stocks we like better than Micron Technology › Micron (NASDAQ: MU) stock jumped 6.3% through 9:50 a.m. ET Monday after announcing it completed purchase of a Taiwanese production site from Powerchip Semiconductor Manufacturing Corporation (PSMC). The 300,000-square-foot cleanroom facility will be upgraded and expanded to …
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