Micron Technology plans second Taiwan facility to meet surging AI demand for advanced chips

Micron completes $1.8B Taiwan site buy to fight RAMaggedon

Micron Technology plans to build a second manufacturing facility in Taiwan at the Tongluo site it acquired from Powerchip Semiconductor Manufacturing Corp, the U.S. memory chipmaker said. The expansion aims to increase supply of advanced DRAM products, including high-bandwidth memory, to meet growing demand from artificial intelligence applications. The move reinforces Taiwan's position as a critical hub for semiconductor production amid global competition for AI chip manufacturing capacity. Micron completed the acquisition of PSMC's Tongluo P5 site, the company said. The new facility will match the scale of Micron's existing fabrication plant in Miaoli County, Taiwan. Construction will begin by the end of fiscal 2026, according to the company's statement. The announcement follows broader industry trends as chipmakers scale production to serve AI markets. Nvidia-backed Scintil Photonics recently began shipping AI laser chips, while smartphone manufacturers like Xiaomi and Apple continue expanding their device ecosystems.

Micron plans Taiwan chip facility expansion as shares hit record high on AI demand By Investing.com

Investing.com -- Micron Technology announced plans to expand its chip manufacturing operations in Taiwan with a new facility at its recently acquired Tongluo site. The expansion aims to increase production of leading-edge DRAM, including high-bandwidth memory (HBM), to meet growing demand from the artificial intelligence sector. Construction at the Tongluo site is scheduled to begin by the end of fiscal 2026, according to the company's announcement. Micron shares rose 6% on Monday, reaching a new record high. The company is scheduled to report its quarterly financial results on Wednesday, March 18, after the market close. The new Taiwan facility represents Micron's effort to expand its supply capabilities for advanced memory products as AI applications continue to drive increased demand for specialized chip technologies. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Micron plans second chip facility at newly acquired Taiwan site

TAIPEI, March 16 (Reuters) - U.S. memory chipmaker Micron Technology said on Monday it plans to build a second manufacturing facility in Taiwan at the Tongluo site it recently acquired from Powerchip Semiconductor Manufacturing Corp. The new facility will help it expand supply of leading-edge DRAM products including high-bandwidth memory (HBM) to support surging AI demand, the company said. Micron also said it has completed the acquisition of PSMC's Tongluo P5 site and the new second facility would be of similar scale to the existing fab in Miaoli County. Construction is scheduled to begin by the end of fiscal 2026. (Reporting by Wen-Yee Lee; Editing by Jacqueline Wong)