Micron to acquire PSMC's P5 fab in Tongluo, Taiwan for $1.8B

Micron Technology signed a letter of intent to acquire Powerchip Semiconductor Manufacturing Corporation's P5 fabrication site in Tongluo, Taiwan, for $1.8 billion. The acquisition includes a 300mm fab cleanroom of 300,000 square feet and is expected to close by Q2 2026.

“This strategic acquisition of an existing cleanroom complements our current Taiwan operations and will enable Micron to increase production and better serve our customers in a market where demand continues to outpace supply.”streetinsider.com

• 2 sources
• streetinsider.comMicron Signs Letter of Intent to Purchase Tongluo Site, Begin Strategic Partnership with PSMCJan 17, 2026
• barchart.comMicron Signs Letter of Intent to Purchase Tongluo Site, Begin Strategic Partnership with PSMCMicron Technology, Inc.Jan 17, 2026

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