Micron to Acquire PSMC's Taiwan Fab for $1.8 Billion

Micron Technology, Inc. has announced plans to acquire PSMC's (Powerchip Semiconductor Corp.) Taiwan fab for $1.8 billion. This move is expected to strengthen Micron's position in the global memory market.

Acquisition Details

• Micron will acquire PSMC's Taiwan fab for $1.8 billion
• The acquisition is expected to be completed in the second half of 2026
• The deal is subject to regulatory approvals and other customary closing conditions

Impact on the Market

The acquisition is expected to have a significant impact on the global memory market. Micron's acquisition of PSMC's Taiwan fab will increase its production capacity and enable it to better compete with other major players in the market.

Quotes

• 'This acquisition is a strategic move to strengthen our position in the global memory market,' said Sanjay Mehrotra, President and CEO of Micron Technology.

Sources

[1] Micron to acquire PSMC’s Taiwan fab for $1.8 billion