Micron Taiwan and US DRAM/HBM expansions
Key Questions
What is the status of Micron's Tongluo facility?
Tongluo Phase-1 closed on March 26. The site supports expanded DRAM and HBM production capacity.
When will Taichung P5 come online?
Taichung P5 is expected to ramp in late 2026. It will add more than 10% to overall capacity.
How much capex is Micron planning for FY26?
Micron has earmarked $25B in capex for FY26. This investment supports both Taiwan and US expansions.
What progress has Micron made at its Virginia site?
1α DRAM production has started at the Manassas, VA facility. The $2B project is expected to create 3,100 jobs and quadruple DDR4 output.
When will qualified 1α DRAM production begin in Virginia?
Qualified production is targeted by the end of calendar 2026. This strengthens domestic US memory supply chains.
How does the Virginia expansion support AI demand?
The facility produces advanced 1α DRAM suited for AI applications. It helps meet insatiable demand for high-performance memory.
What is Micron's outlook for the high-bandwidth memory market?
Micron anticipates the HBM market will expand significantly from $35 billion in 2025. Capacity investments are aligned with this growth.
Why is Micron expanding manufacturing in both Taiwan and the US?
The dual expansions increase global capacity while enhancing supply chain resilience. They address rising AI-driven memory needs.
Tongluo Phase-1 closed 3/26; Taichung P5 ramps late 2026 adding >10% capacity. $25B FY26 capex. 1α DRAM production started at Manassas, VA ($2B, 3,100 jobs, DDR4 quadrupling); $200B US investment, 40% onshoring target.