JustUpdateOnline.com – Singapore, semiconductor giant Micron Technology has unveiled a massive US$24 billion (S$32 billion) investment plan to establish a cutting-edge memory chip production site in Singapore. This ten-year initiative focuses on building a state-of-the-art NAND wafer fabrication plant within the firm’s existing industrial footprint in the city-state.
The facility is slated to begin manufacturing operations in the latter half of 2028. Spanning two floors, the site will feature roughly 700,000 square feet of cleanroom space dedicated to advanced NAND technology and future hardware evolutions. This expansion is designed to satisfy the escalating global hunger for high-performance memory components.
By linking with Micron’s established NAND Centre of Excellence, the new fab will enhance the company’s ability to deliver sophisticated storage solutions. Manish Bhatia, Micron’s executive vice president of global operations, emphasized that the firm’s memory leadership is a key driver for the AI-centered economic shift. He also highlighted the strong collaboration with local government bodies like JTC and the Economic Development Board (EDB), reinforcing Singapore’s status as a critical node in Micron’s international supply chain.
This multi-billion dollar venture is expected to generate approximately 1,600 new career opportunities. When paired with the company’s upcoming high-bandwidth memory (HBM) packaging site—which is scheduled to begin contributing to the supply chain in 2027—the total number of new roles in the region is projected to reach 3,000.
The move aligns with Micron’s recent pivot toward the AI data center sector, moving away from traditional consumer-grade storage. The company intends to leverage the synergies between its DRAM and NAND production in Singapore while remaining adaptable to changing market requirements and technological transitions.