#taiwan-semiconductor

#taiwan-semiconductor

Micron's version of events says it's signed a letter of intent to acquire Powerchip's entire P5 site in Tongluo, Taiwan, for total cash consideration of US$1.8 billion. "The acquisition includes an existing 300 mm fab cleanroom of 300,000 square feet and will further position Micron to address growing global demand for memory solutions," the company stated, adding that the company "expects this acquisition to contribute to meaningful DRAM wafer output beginning in the second half of calendar 2027."

Investors usually focus on stocks that already have stellar dividend yields, but your portfolio could also benefit from dividend growers.

"For the second quarter, TSM expects to see revenue of $28.4 billion to $29.2 billion, with the midpoint above expectations."

Among the cheap stocks are Alphabet and Taiwan Semiconductor Manufacturing. Both are actually priced cheaper than the broader market, which gives me confidence to label them cheap.