Micron Expands Taiwan DRAM Footprint With Tongluo P5 Acquisition
TL;DR Summary
Micron Technology completed the acquisition of Powerchip Semiconductor Manufacturing’s Tongluo P5 300mm site in Miaoli, Taiwan, and will retrofit the existing cleanroom now with a second, similarly sized facility planned to begin construction by the end of fiscal 2026; the site will augment Micron’s Taichung mega campus and bolster supply of leading-edge DRAM (including HBM) to meet AI-driven demand, with meaningful product shipments from the fab expected to start in fiscal 2028.
- Micron Completes Acquisition of PSMC’s Tongluo P5 Site in Taiwan Micron
- Micron stock surges on new Taiwan factory investment, strong earnings expected on Wednesday Yahoo Finance
- Micron Technology Shares Jump on Plan to Build Second Memory Chip Site in Taiwan WSJ
- Micron plans second chip facility at newly acquired Taiwan site Reuters
- Micron’s stock climbs, putting a big milestone in sight MarketWatch
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