On January 17, 2026, Micron Technology inked a letter of intent to purchase Powerchip Semiconductor's P5 wafer fabrication plant, situated in the Tongluo Science Park in Taiwan, China, at a cost of $1.8 billion. This strategic move is geared towards expanding Micron's memory chip production capabilities. The plant spans around 28,000 square meters and is equipped with a cleanroom for a 12 - inch wafer production line. Following the deal's closure in the second quarter, Micron intends to gradually ramp up DRAM production. Significant increases in DRAM wafer output are projected to kick in from the second half of 2027. Moreover, the two companies will join forces in wafer back - end packaging and assembly operations. Micron will also lend its support to Powerchip's traditional DRAM product lineup. (Explanation of optimization: "inked" is a more vivid and commonly used verb in business - related contexts than "signed" when referring to agreements. "Shell out" is an idiomatic expression meaning to spend a large amount of money, adding a touch of informality and liveliness. "Strategic move" better emphasizes the calculated nature of the acquisition compared to just "aiming". "Gradually ramp up" is a more natural and frequently used phrase in English for a step - by - step increase. "Join forces" is a more vivid and commonly used way to describe collaboration compared to "collaborate".)