Overview
- Micron signed an exclusive letter of intent to acquire PSMC’s P5 Tongluo fabrication site in Taiwan for $1.8 billion in cash.
- The facility includes a 300,000‑square‑foot 300mm cleanroom designed for advanced memory wafer production.
- Closing is targeted for calendar Q2 2026 subject to final agreements and required regulatory approvals.
- Micron plans a phased DRAM ramp after closing with meaningful wafer output expected in the second half of 2027.
- The move establishes a long‑term processing partnership with PSMC and taps proximity to Micron’s Taichung site, supporting a wider capacity build for AI and data‑center demand.