Taiwan’s Ministry of Economic Affairs (MOEA) granted a NT$4.7 billion (US$149.5 million) subsidy to Micron Memory Taiwan Co., a subsidiary of Micron Technology. The funding originates from the government’s A+ Corporate Innovation and R&D Enhancement program.
The program aims to advance the development of high-performance and high-bandwidth memory (HBM) chips. Micron will contribute an additional NT$7.06 billion, bringing the total project budget to NT$11.75 billion.
This initiative seeks to bolster Taiwan’s leadership in the global semiconductor landscape. It integrates advanced memory technology with the nation’s existing strengths in logic ICs. Running until October 2028, the project expects to upgrade the local supply chain, attract international talent, and solidify Taiwan’s role in global AI infrastructure.
The investment aligns with Micron’s strong market performance. The company’s stock hit a new all-time high on December 29, driven by soaring demand for AI-related memory products.