Home / Technology / Micron signs LOI to purchase PSMC P5 fabrication site in Tongluo for $1.8B

Micron signs LOI to purchase PSMC P5 fabrication site in Tongluo for $1.8B

Micron (MU) Technology announced it has signed an exclusive Letter of Intent, LOI, to acquire Powerchip Semiconductor Manufacturing Corporation’…

Micron (MU) Technology announced it has signed an exclusive Letter of Intent, LOI, to acquire Powerchip Semiconductor Manufacturing Corporation’s, PSMC, P5 fabrication site in Tongluo, Miaoli County, Taiwan, for total cash consideration of US$1.8 bil… [807 chars]

Source: Markets Insider | Published: 2026-01-19T18:35:17Z

Credit: Markets Insider

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