Micron Technology CEO Sanjay Mehrotra now expects meaningful product shipments from the company’s newly acquired Taiwan fabrication site by mid-2027, moving the timeline forward from previous projections.
The accelerated timeline stems from Micron’s $1.8 billion acquisition of Powerchip Semiconductor Manufacturing Corp’s P5 300mm fabrication site in Tongluo, Miaoli County, Taiwan. That deal closed on March 15, 2026, itself ahead of schedule. The facility comes with roughly 300,000 square feet of cleanroom space that Micron is now retrofitting for advanced DRAM and high-bandwidth memory production.
What Micron is building in Taiwan
Micron’s initial guidance had pointed to meaningful DRAM output in the second half of 2027, with some later updates suggesting a fiscal 2028 ramp-up for full product scale. Mehrotra’s latest comments suggest the company is now confident in hitting the earlier end of that window, with mid-2027 shipments looking realistic.
The Tongluo site isn’t a one-and-done play, either. Micron has announced plans to begin construction of a second facility of comparable scale at the same location by the end of fiscal 2026.
