Key facts: Micron reports memory chip shortage; to acquire Taiwan plant
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Micron Technology reports a global shortage of memory chips, driven by rising demand for high-bandwidth memory in AI, affecting supply for smartphones and PCs into 2026.123Micron Technology will acquire Powerchip's P5 plant in Taiwan for $1.8 billion, boosting DRAM wafer production by late 2027. The deal is expected to close in Q2 2026.4Micron Technology plans to acquire a facility in Taiwan, boosting chip stocks and lifting South Korea's KOSPI index by 1.3% amid overall market declines.5
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