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Micron's $1.8 billion acquisition boosts Powerchip shares

Published on: Jan. 19, 2026, 7:37 a.m. | Source: The Economic Times

Micron Technology on Saturday ‌said it had signed a letter of intent to ‍acquire Powerchip's P5 ‍fabrication site ⁠in ⁠Tongluo, Miaoli County, Taiwan, for $1.8 billion in cash.

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