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Home News Business

Micron Launches $24B Singapore Chip Plant to Meet Surging AI Demand

Deepa Sharma by Deepa Sharma
January 27, 2026
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Micron Singapore

Micron

Micron Technology, Inc., today officially broke ground on a major new advanced wafer fabrication facility in Singapore, marking a landmark expansion of its global memory manufacturing footprint. The announcement comes as the Boise-based semiconductor leader accelerates investment to meet surging demand for NAND flash technology driven by artificial intelligence (AI) and data-centric applications.

The new facility, situated within Micron’s existing NAND manufacturing complex, represents a planned investment of approximately US $24 billion (SG $31 billion) over the next decade and will ultimately deliver about 700,000 square feet of cleanroom space. Production of wafers is targeted to begin in the second half of calendar 2028, aligning with broader industry efforts to expand advanced memory capacity.

The Singapore facility will be the first double-story wafer manufacturing fab in the city-state, a milestone welcomed by government and economic development officials who attended the ceremony, including Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong and representatives from the Singapore Economic Development Board and JTC Corporation.

“Micron’s leadership in advanced memory and storage is enabling the AI-driven transformation reshaping the global economy,” said Manish Bhatia, Micron’s executive vice president of global operations. “This investment underscores our commitment to Singapore as an important hub in our global manufacturing network.”

Job Creation and Local Impact

Micron estimates the new wafer fab will generate approximately 1,600 jobs, primarily in fab engineering and operations. When combined with another advanced packaging facility for high-bandwidth memory (HBM) already underway at the same complex, which is expected to support about 1,400 jobs, the company’s recent expansions in Singapore are projected to create around 3,000 new positions overall.

Officials highlighted the facility’s potential to extend Singapore’s role in the semiconductor value chain, particularly as demand rises for high-performance storage used in data centers, edge computing, and AI-driven workloads.

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Collaboration, Efficiency and Sustainability

The design of the new fabrication facility will co-locate research and development with manufacturing, a configuration that Micron says will improve operational efficiencies and accelerate technology transitions. The company also plans to integrate advanced robotics and AI technologies into fab operations, reflecting broader industry trends toward “smart manufacturing.”

In line with sustainability commitments, the facility will meet LEED standards and build on the site’s recognition as both a World Economic Forum Sustainability Lighthouse and an Energy Efficiency National Partnership award recipient. Initiatives include greenhouse gas abatement, water recycling, and waste circularity measures.

Outlook and Market Positioning

Micron’s ground-breaking in Singapore aligns with concurrent investments in semiconductor capacity worldwide, including a separate multibillion-dollar memory megafab project in Central New York — widely reported as one of the largest private industrial investments in U.S. history.

Also Read: 5 Future-Ready Skills Every Storage Engineer Should Build in 2026

Deepa Sharma

Deepa Sharma

Deepa Sharma is CXOVoice’s Managing Editor, overseeing all coverage technology, cybersecurity, banking, and financial coverage. She can be reached at [email protected]

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