BRIEF-Micron Signs Letter Of Intent To Purchase Tongluo Site For $1.8 Billion

Reuters01-17

Jan 17 (Reuters) - Micron Technology Inc MU.O:

MICRON SIGNS LETTER OF INTENT TO PURCHASE TONGLUO SITE, BEGIN STRATEGIC PARTNERSHIP WITH PSMC
MICRON TECHNOLOGY INC - TO BUY PSMC'S P5 SITE FOR $1.8 BILLION
MICRON TECHNOLOGY INC - ACQUISITION TO BOOST DRAM OUTPUT IN H2 2027

Source text: ID:nGNX6tmFfT

Further company coverage: MU.O

((Reuters.Briefs@thomsonreuters.com;))

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