US EditionMicron Expands Memory Footprint With $1.8 Billion Taiwan Deal - Micron Technology (NASDAQ:MU)
Micron's $1.8 billion acquisition adds 300,000 sq. ft. of cleanroom space to boost DRAM production capacity, supporting rising memory demand from AI and data centers.
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Micron, a leading global provider of data storage solutions, has found a way to accelerate the expansion of its production capacity by abandoning the lengthy greenfield construction cycle. Instead, the company focused on acquiring existing assets, agreeing to purchase a foundry from Powerchip Semiconductor Manufacturing Corporation (PSMC). Micron has already signed a memorandum of understanding to acquire the foundry... The post "Micron Acquires…
Micron stock in focus: $1.8 billion Taiwan fab deal adds DRAM capacity as MU heads into a holiday break
New York, Jan 17, 2026, 07:26 EST — Market closed. Micron Technology, Inc. announced Saturday it has signed an exclusive letter of intent to buy Powerchip Semiconductor Manufacturing Corp’s P5 fab in Tongluo, Taiwan. The $1.8 billion all-cash deal is designed to boost its memory production capacity. https://investors.micron.com/news-releases/news-release-details/micron-signs-letter-intent-purchase-tongluo-site-begin-strategic-partnership-with-ps…
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