NasdaqGS:MUSemiconductor
Micron’s Taiwan Fab Deal And AI Demand Reshape Growth And Valuation Outlook
Micron Technology (NasdaqGS:MU) completed a US$1.8b acquisition of a chip fabrication facility in Taiwan from Powerchip Semiconductor Manufacturing.
The new Taiwan fab expands Micron's production capacity as the company responds to global DRAM shortages.
Micron reported record first quarter revenue and earnings, supported by strong AI driven demand for high bandwidth memory and DRAM.
The company indicates its AI focused memory chip inventory is sold out for 2026, alongside ongoing long term...