Market Chatter: Micron Technology's Taiwan Expansion Plans Face Uncertainty Amid Prolonged Labor Dispute
MT newswire2026/11/05 09:21Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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05:21 AM EST, 11/05/2026 (MT Newswires) -- Micron Technology (MU) has paused construction of its planned memory chip plant in Taiwan's Taoyuan city amid a prolonged labor dispute and uncertainty surrounding its agreement with a local union, Bloomberg reported Thursday, citing unnamed people familiar with the matter. According to the report, Micron had budgeted up to $4.5 billion for the high-bandwidth memory and DRAM plant, which was expected to begin operations in 2028. The pause could also affect its broader manufacturing plans in Taiwan. Micron said its Taiwan operations continue as normal and expressed confidence in maintaining business continuity for customers, Bloomberg added. Micron did not immediately respond to MT Newswires' request for a comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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