Micron to invest $24B in Singapore NAND expansion to power AI memory surge
TL;DR Summary
Micron announced a roughly $24 billion expansion in Singapore to boost NAND supply, adding 700,000 square feet of cleanroom space and aiming for NAND production by late 2028, as AI-driven demand tightens memory markets; the plan includes a $7 billion high-bandwidth memory plant at the same site, with around 1,600 new jobs and a stronger Singapore role in the global semiconductor supply chain amid shortages through 2027.
- Micron to invest $24 billion in Singapore plant as AI boom strains global memory supply CNBC
- Micron plans $24-billion memory chipmaking plant in Singapore Yahoo Finance
- Exclusive: Micron to announce memory chip manufacturing investment in Singapore, sources say Reuters
- Micron to create 1,600 jobs with new Singapore wafer manufacturing facility under US$24 billion investment plan CNA
- Micron to Plow $24 Billion Into Singapore Chip Plant Amid Oversupply Fears Barron's
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