Micron to Build Second Taiwan DRAM Facility, Q2 Earnings Seen at $19.3B Revenue
Micron plans a second DRAM facility in Taiwan on a site acquired from Powerchip Semiconductor Manufacturing, fueling a 5% stock surge Monday. The company is forecast to report $19.3 billion revenue and $8.66 adjusted EPS in fiscal Q2, up 130% and 450% year-on-year respectively.
1. New Taiwan DRAM Facility
Micron will construct a second chip fab in Taiwan on a site acquired from Powerchip Semiconductor Manufacturing, focusing on high-bandwidth memory and DRAM products to meet escalating AI demand.
2. Fiscal Q2 Estimates
Micron is projected to post $19.3 billion in revenue, up over 40% sequentially and 130% year-over-year, with adjusted EPS of $8.66, rising more than 80% quarter-on-quarter and 450% year-on-year.
3. Boise Expansion and AI Demand
In parallel, Micron is investing $50 billion to double its wafer fabs in Boise, Idaho, adding two new fabrication facilities to support growing memory chip needs for Big Tech’s AI data center buildouts.