# 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.

- Type: Acquisition
- Announced: 2026-01-17
- Where: Tongluo, Miaoli County, Taiwan, TWN
- Value: $1.80B
- Status: announced
- Capacity: 300,000 square feet of cleanroom
- Products: DRAM memory
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Micron Technology](https://endata.com/companies/16026.md) (acquirer)
- [Powerchip Semiconductor Manufacturing Corp](https://endata.com/companies/54043.md) (target)

## Sources

- [streetinsider.com](https://www.streetinsider.com/Globe+Newswire/Micron+Signs+Letter+of+Intent+to+Purchase+Tongluo+Site%2C+Begin+Strategic+Partnership+with+PSMC%C2%A0/25861623.html), 2026-01-17: "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."
- [barchart.com](https://www.barchart.com/press-releases/37094883/micron-signs-letter-of-intent-to-purchase-tongluo-site-begin-strategic-partnership-with-psmc), 2026-01-17: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.