Micron sells Utah factory to Texas Instruments

Thursday 1 July 2021 | 10:30 CET | News
Micron Technology has agreed to sell its factory in Lehi, Utah to Texas Instruments for USD 900 million. This gives TI a fourth 300-mm factory, that will start with 65-nm and 45-nm production for TI's analog and embedded processing products and be able to go beyond those nodes as required. The company expects to complete the acquisition by the end of this year and generate its first revenue from the site in 2023.

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Categories: General
Companies: Micron Technology / Texas Instruments
Countries: United States / World
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