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Micron Signs Letter Of Intent To Purchase Tongluo Site For $1.8 Billion

ReutersJan 17, 2026 9:01 AM

- Micron Technology Inc MU.O:

  • MICRON SIGNS LETTER OF INTENT TO PURCHASE TONGLUO SITE, BEGIN STRATEGIC PARTNERSHIP WITH PSMC

  • MICRON TECHNOLOGY INC - TO BUY PSMC'S P5 SITE FOR $1.8 BILLION

  • MICRON TECHNOLOGY INC - ACQUISITION TO BOOST DRAM OUTPUT IN H2 2027

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