Micron Acquires $1.8bn DRAM Chip Plant in Taiwan
Micron has announced the acquisition of a DRAM chip manufacturing campus from Powerchip Semiconductor Manufacturing Corporation (PSMC) in Taiwan for $1.8 billion. This acquisition will allow Micron to quickly increase its DRAM manufacturing capacity. PSMC had opened the fab just 19 months prior, after a $9.5 billion investment.