Texas Instruments to buy Micron's Utah factory for $900 million


FILE PHOTO Micron Technologys solid-state drive for data center customers is presented at a product launch event in San Francisco U.S. October 24 2019. REUTERSStephen Nellis

FILE PHOTO: Micron Technology's solid-state drive for data center customers is presented at a product launch event in San Francisco, U.S., October 24, 2019. REUTERS/Stephen Nellis

(Reuters) -Texas Instruments Inc will buy Micron Technology Inc's factory in Lehi, Utah, for $900 million to boost its production capacity, the Dallas-based chipmaker said on Wednesday.

Micron in March had said it would sell that facility, as it confirmed plans to end production of a certain type of memory chip made there exclusively.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In