Micron Technology(US:MU) 芯世相·2026-01-19 07:14Core Viewpoint - Micron Technology plans to acquire a wafer fab from Powerchip Semiconductor Manufacturing Corporation (PSMC) for $1.8 billion, aiming to enhance its DRAM wafer production capacity starting in the second half of 2027 [3][4]. Group 1: Acquisition Details - Micron will purchase the P5 wafer fab located in Miaoli County, Taiwan, which includes the building and facilities but excludes production equipment [3]. - The acquisition is expected to add approximately 300,000 square feet of cleanroom space, essential for chip production [3]. - The deal is subject to regulatory approval and is anticipated to close in the second quarter of 2026 [6]. Group 2: Strategic Implications - The partnership will establish a long-term foundry relationship between Micron and PSMC, focusing on advanced packaging for DRAM and improving PSMC's specialized DRAM process technology [3][4]. - PSMC aims to strengthen its financial position and optimize its product mix by focusing on high-value wafer foundry products related to AI applications, such as 3D AI DRAM and power management ICs [5]. - The collaboration is seen as mutually beneficial, leveraging the current high demand for DRAM driven by AI applications [4][5]. Group 3: Market Context - Micron's CEO anticipates that the tight supply situation in the memory chip market will persist beyond 2026, indicating a sustained demand for DRAM [4]. - The global storage demand is expected to continue exceeding supply, prompting Micron to phase in increased DRAM capacity [3].