Taiwanese memory chipmaker Nanya Technology plans to invest more than $6 billion in 2027, a significant increase from this year, as the company rides the wave of growing demand for memory chips driven by artificial intelligence.
Investment Plans
Nanya Technology President Pei-Ing Lee announced the preliminary expenditure plan, which aims to ramp up spending on a new plant. The company reported unaudited second-quarter revenue of $2.57 billion, up 684% from a year earlier, with net income surging 1,324% to $1.56 billion.
The first phase of the new plant is scheduled to reach a capacity of 30,000 wafers per month in 2028, eventually expanding to 45,000 wafers per month. Lee noted that structural changes driven by artificial intelligence are supporting a stronger long-term outlook for the memory industry.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
