TAIPEI, Taiwan – Memory chip manufacturer Micron Technology announced Monday its intention to construct a second production facility in Taiwan at a Tongluo location the company recently purchased from Powerchip Semiconductor Manufacturing Corp.
The additional facility will enable the company to increase production of advanced DRAM products and high-bandwidth memory (HBM) to meet the rapidly growing demand from artificial intelligence applications, according to Micron’s announcement.
The U.S.-based company confirmed it has finalized the purchase of PSMC’s Tongluo P5 location and stated the planned second facility will match the size and scale of its current manufacturing plant in Miaoli County.
Company officials indicated construction activities are expected to commence before the conclusion of fiscal year 2026.
