Key points
- Facility targets AI-driven memory demand
- NAND flash production to expand capacity
- Project to create 1,600 new jobs
SINGAPORE: US memory chipmaker Micron Technology has announced a $24 billion investment to build a new semiconductor wafer fabrication facility in Singapore, as demand for chips used in artificial intelligence continues to rise sharply.
The facility will be developed within Micron’s existing manufacturing complex in Woodlands and will focus on the production of advanced NAND flash memory chips. These components are critical for data centres, cloud computing and AI-driven applications that require high-performance storage and fast data processing, reports AFP.
Micron said the new fab will add around 700,000 square feet of cleanroom space, with production expected to begin in the second half of 2028. The investment is aimed at strengthening supply capacity amid growing global demand for memory and storage solutions.
AI workloads
Micron president and chief executive Sanjay Mehrotra said the surge in AI workloads and data-intensive technologies has driven “unprecedented” demand for advanced memory products. He added that the expansion would help ensure a more resilient and scalable supply chain.
The project is expected to create about 1,600 jobs, including roles in engineering, manufacturing and research, further reinforcing Singapore’s position as a key global semiconductor hub.
The new investment follows Micron’s earlier commitment to build an advanced packaging facility for high-bandwidth memory chips in Singapore, bringing the company’s total recent investment in the country to around $60 billion. Analysts say the move highlights the central role memory chips play in the rapidly expanding AI sector.
