$MU signed a letter of intent to acquire Powerchip Semiconductor Manufacturing Corporation’s P5 fabrication site in Taiwan

The transaction, valued at $1.8 billion, will add 300,000 square feet of cleanroom space dedicated to DRAM production

The deal is expected to close by Q2 2026, with meaningful DRAM wafer output beginning in the second half of 2027

The site’s proximity to Micron’s existing Taichung facility should enable operational synergies