Loading…
Loading…
PSMC (Invesco Conservative Multi-Asset Allocation ETF) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
BOISE, Idaho, March 15, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced it has completed the acquisition and assumed ownership of Powerchip Semiconductor Manufacturing Corporation's (PSMC) P5 site in Tongluo, Miaoli County, Taiwan, under the acquisition agreement previously announced on January 17, 2026. The new site will complement Micron's existing operations in Taiwan as an extension of the company's vertically integrated mega campus in Taichung, located approximately 15 miles away.
BOISE, Idaho, Jan. 17, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced it has signed an exclusive Letter of Intent (LOI) to acquire Powerchip Semiconductor Manufacturing Corporation's (PSMC) P5 fabrication site in Tongluo, Miaoli County, Taiwan, for total cash consideration of US$1.8 billion. The acquisition includes an existing 300mm fab cleanroom of 300,000 square feet and will further position Micron to address growing global demand for memory solutions.
Navitas is pivoting from consumer chargers to GaN solutions for AI data centers, leveraging Nvidia demand and Taiwan's foundry ecosystem post-TSMC exit. Securing PSMC as a foundry partner and maintaining access to Taiwan's specialized GaN testing ensures operational resilience and supply chain stability. Risks include execution at PSMC, aggressive Chinese competitors like Innoscience, pricing pressures, and heavy reliance on Nvidia's roadmap.
Next-phase strategy expected to strengthen supply chain, drive innovation, and improve cost efficiency—supporting GaN's ramp into AI data centers, EVs, solar, and home appliances.
It was a busy week for ETF launches and closures. A total of 15 ETFs launched during the week shortened by the Juneteenth holiday, defying the typically slow launch count for weeks surrounding three-day weekends.
The past trading week has given investors a nice dose of volatility after seeing the markets rally despite inflation fears. However, those fears have to seem to be creeping back into the market with recent sell-offs, which can be mitigated with a multi-asset strategy.
Investors witnessed the power of a whipsawing market amid Russia's invasion of Ukraine as the major stock market indexes fluctuated up and down. To help smooth out the volatility, a multi-asset strategy can help with minimizing over-concentration in stocks.
As market volatility roils the equities and bond markets alike, getting alternative asset exposure is imperative, and exchange traded funds (ETFs) are ideal for accomplishing just that. Increasingly, institutional investors are using ETFs to obtain multi-asset exposure, according to an Institutional Investor survey.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
Click below to see what's inside, then upgrade to read every transcript for PSMC and 80,000+ other tickers.
Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.