MU is buying Powerchip Semiconductor Manufacturing Corporation’s (PSMC) P5 fabrication site in Tongluo, Miaoli County, Taiwan.

Instead of waiting for years to build a new fab and clean room. They will pay 1.8 billion to get a fabrication site already ready to pump out more memory as soon as possible. They will literally be pumping out money this and next year. If you check the current ram and SSD prices, you will know that their margin will be crazy going forward.

MU 1000 EOY.