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Events / PSMC Sells Miaoli Plant to Micron
Business asset sale

PSMC Sells Miaoli Plant to Micron

Analysis based on 7 articles · First reported Mar 16, 2026 · Last updated Mar 16, 2026

Sentiment
60
Attention
4
Articles
7
Market Impact
Direct
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Market Impact

The semiconductor market is positively impacted by this deal, as it signifies increased investment and collaboration in advanced memory chip technologies. This partnership between Powerchip Semiconductor Manufacturing Corporation and Micron Technology, Inc. is expected to boost innovation and production capacity.

Semiconductor Technology
Event Summary

Powerchip Semiconductor Manufacturing Corporation (PSMC) has completed the sale of its Miaoli facility in Taiwan to Micron Technology, Inc. for USD 1.8 billion. This transaction initiates a strategic technology collaboration between the two companies, focusing on the joint development of high-bandwidth memory (HBM)/post-wafer-finish (PWF) foundry services and advanced memory process technologies. PSMC expects this partnership to drive growth in its 3D AI foundry business, while Micron Technology, Inc. plans further expansion at the acquired Tongluo site, with product shipments expected from 2028 and construction of a second facility by late 2026.

Key Actions
100 Powerchip Semiconductor Manufacturing Corporation sold facility Micron Technology
100 Micron Technology acquired facility Powerchip Semiconductor Manufacturing Corporation
90 Powerchip Semiconductor Manufacturing Corporation started technology collaboration Micron Technology
80 Micron Technology agreed to provide technical assistance Powerchip Semiconductor Manufacturing Corporation
70 Micron Technology planned facility expansion
Entities Involved
stock
Powerchip Semiconductor Manufacturing Corporation
Powerchip Semiconductor Manufacturing Corporation completed the sale of its Miaoli facility to Micron Technology, Inc. for USD 1.8 billion. This strategic partnership is expected to boost Powerchip Semiconductor Manufacturing Corporation's growth in its new 3D AI foundry business and enhance its DRAM technology.
Importance 90 Sentiment 70
stock
Micron Technology
Micron Technology, Inc. acquired Powerchip Semiconductor Manufacturing Corporation's Miaoli facility for USD 1.8 billion, expanding its global operations. Micron Technology, Inc. will also provide technical assistance to Powerchip Semiconductor Manufacturing Corporation for DRAM chip processes and plans further expansion at the Tongluo site.
Importance 90 Sentiment 70
cnt
Taiwan
Taiwan is the location of the facility sale and the ongoing operations of both Powerchip Semiconductor Manufacturing Corporation and Micron Technology, Inc., highlighting its role in the global semiconductor industry.
Importance 40 Sentiment 20
per
Frank Huang
Frank Huang, Chairman of Powerchip Semiconductor Manufacturing Corporation, commented on the company's 3D AI foundry business entering AI applications and its future plans to provide HBM/PWF foundry services to Micron Technology, Inc.
Importance 30 Sentiment 50
per
Manish Bhatia
Manish Bhatia, Executive Vice President for Global Operations at Micron Technology, Inc., emphasized the importance of the Tongluo facility to Micron Technology, Inc.'s Taiwan operations and global expansion plans.
Importance 20 Sentiment 50
Relationships
Powerchip Semiconductor Manufacturing Corporation related ↔ Micron Technology
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