Micron Technology plans to construct a second manufacturing facility at its recently acquired Tongluo site in Taiwan.
The new facility aims to expand Micron’s production of advanced DRAM products, including high-bandwidth memory (HBM), to meet rising demand from artificial intelligence applications.
The U.S. memory chipmaker stated it completed the acquisition of the Tongluo P5 site from Powerchip Semiconductor Manufacturing Corp (PSMC). Micron said the new facility will be similar in scale to its existing Miaoli County fabrication plant.
