Micron Expands Taiwan Footprint to Support AI-Driven Memory Demand

Micron Technology, Inc. (NASDAQ:MU) is included among the 15 Best Safe Dividend Stocks for 2026.

Micron Expands Taiwan Footprint to Support AI-Driven Memory Demand

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On March 15, Micron Technology, Inc. (NASDAQ:MU) announced that it had completed the acquisition and assumed ownership of Powerchip Semiconductor Manufacturing Corporation’s P5 site in Tongluo, Miaoli County, Taiwan. The move follows the acquisition agreement the company announced earlier on January 17, 2026.

The new facility will complement Micron’s existing operations in Taiwan. It will operate as an extension of the company’s vertically integrated mega campus in Taichung, located about 15 miles away. The site includes roughly 300,000 square feet of existing 300mm cleanroom space. Micron plans to use the facility to expand the supply of leading-edge DRAM products, including HBM, as demand linked to artificial intelligence continues to rise.

Micron began preparing for the Tongluo site soon after announcing the deal in January 2026. With the transaction now complete, the company will start retrofitting the existing cleanroom. The site is expected to support meaningful product shipments from the existing fab starting in fiscal 2028. At the same time, Micron is planning the next phase of expansion at the location. Construction on a second facility of comparable scale is expected to begin by the end of fiscal 2026. The new building will add about 270,000 square feet of additional cleanroom space.

Micron Technology, Inc. (NASDAQ:MU) provides memory and storage solutions. The company offers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands.

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