# Texas Instruments to acquire Micron's 300-mm semiconductor fab in Lehi, Utah for $900M

Texas Instruments (TI) signed an agreement to acquire Micron Technology's 300-mm semiconductor factory in Lehi, Utah, for $900 million. The acquisition will become TI's fourth 300-mm wafer fab and is expected to close by the end of 2021.

- Type: Acquisition
- Announced: 2021-06-30
- Where: Lehi, Utah, United States
- Value: $900.0M
- Status: announced
- Products: analog and embedded processing chips, 65-nm and 45-nm semiconductor wafers
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Micron Technology](https://endata.com/companies/16026.md) (target)
- [Texas Instruments](https://endata.com/companies/29167.md) (acquirer)

## Sources

- [ti.com](https://www.ti.com/about-ti/newsroom/news-releases/2021/2021-06-30-ti-to-acquire-micron-300-mm-semiconductor-factory--extending-ti-s-cost-advantage-and-greater-control-of-supply-chain.html), 2021-06-30: "This investment continues to strengthen our competitive advantage in manufacturing and technology and is part of our long-term capacity planning."
- [reuters.com](https://www.reuters.com/technology/texas-instruments-buy-microns-utah-factory-900-million-2021-06-30/), 2021-06-30: "Texas Instruments said it plans to deploy its own technologies at Lehi, adding that it would offer workers at the si"
- [techxplore.com](https://techxplore.com/news/2021-07-texas-instruments-semiconductor-factory-million.html), 2021-07-01: "This investment continues to strengthen our competitive advantage in manufacturing and technology and is part of our long-term capacity planning."
- [eetasia.com](https://www.eetasia.com/ti-to-acquire-microns-300-mm-chip-factory/), 2021-07-04: "This investment continues to strengthen our competitive advantage in manufacturing and technology and is part of our long-term capacity planning."
- [electronicdesign.com](https://www.electronicdesign.com/technologies/analog/article/21169086/electronic-design-ti-to-buy-microns-3d-flash-memory-chip-fab-for-900-million), 2021-07-07: "This investment continues to strengthen our competitive advantage in manufacturing and technology and is part of our long-term capacity planning."

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