Micron completed its acquisition of PSMC’s P5 semiconductor site in Tongluo, Taiwan, and assumed ownership of the facility. The site has about 300,000 square feet of existing 300mm cleanroom space and will be retrofitted for production. Micron said the facility is expected to support product shipments starting in fiscal 2028. The company plans a second facility at the site, with construction expected to begin by the end of fiscal 2026 and add about 270,000 square feet of cleanroom space.

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