Micron to pay US$1.8bn for fab site

Powerchip shares jump after Micron moves to buy Taiwan fab for $1.8 billion

TAIPEI, Taiwan – Shares of Taiwan’s Powerchip Semiconductor Manufacturing Corp rose nearly 10% on Monday, January 19, after US memory chipmaker Micron Technology said it would buy a fabrication plant from the company. Micron Technology said on Saturday it had signed a letter of intent to acquire Powerchip’s P5 fabrication site in Tongluo, Miaoli County, Taiwan, for $1.8 billion in cash. Powerchip is one of Taiwan’s major semiconductor foundries …

Micron breaks ground on massive chipmaking plant that could transform NY

CLAY — At the edge of a 1,400-acre tract of swamp, forest and former farmland just north of Syracuse, Micron Technology and public officials across the political spectrum broke ground Friday on what’s being called the largest private development in…

Micron to pay US$1.8bn for fab site

Bringing Taiwan to the World and the World to Taiwan

Micron says AI-driven memory crunch is ‘unprecedented’

PC makers have also warned they are likely to be affected by the ongoing shortage

Micron's $1.8 billion acquisition boosts Powerchip shares

By Wen-Yee Lee TAIPEI, Jan 19 (Reuters) – Shares of Taiwan’s Powerchip Semiconductor Manufacturing Corp rose nearly 10% on Monday after U.S. memory chipmaker Micron Technology said it would buy a fabrication plant from the company. Micron Technology on Saturday said it had signed a letter of intent to acquire Powerchip’s P5 fabrication site in Tongluo, Miaoli County, Taiwan, for $1.8 billion in cash. (Reporting by Wen-Yee Lee; Editing by Tom Hog…