Micron signs a deal to acquire a chip foundry in Taiwan for $1.8 billion, though it won’t make a dent in the memory supply crisis until 2027 at the earliest
As the memory supply crisis rages on, manufacturers are continuing to scale up operations in a bid to meet the accelerated demand. The latest memory maker to expand its production line is Micron, which has just signed a letter of intent to acquire Powerchip Semiconductor Manufacturing Corporation’s (PSMC) Tongluo chip foundry in Taiwan. The company’s…
