Micron has sold their Lehi foundry to Texas Instrument for $1,5 billion. Micron has been making excellent money with higher prices in the marketplace.

A worker at the Micron Technology semiconductor fabrication plant in Lehi.

“Micron’s Lehi, Utah, facility has a strong history of technology innovation and leading-edge semiconductor manufacturing,” said Micron President/CEO Sanjay Mehrotra in a statement. “We are pleased to have reached an agreement with Texas Instruments as it is an industry leader and truly values the talented Lehi team and the capabilities this site offers to deploy its technology effectively.

Micron has been focused on making DDR5 memory. Manufacturers are mass producing memory to met the demand when new DDR5 based systems enter the market.