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Micron (MU) Commits $1.8 Billion to Taiwan as AI Strains Memory Supply

Micron Technology (MU) said it plans to buy a chip factory site in Taiwan from Powerchip Semiconductor Manufacturing Corp. for $1.8 billion in c…

Micron Technology (MU) said it plans to buy a chip factory site in Taiwan from Powerchip Semiconductor Manufacturing Corp. for $1.8 billion in cash. The deal is still in the letter of intent stage and is expected to close in the second quarter of 202… [1695 chars]

Source: Markets Insider | Published: 2026-01-18T14:31:50Z

Credit: Markets Insider

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