Micron Technology is expanding its Singapore manufacturing footprint with a new advanced wafer fabrication facility, announcing a planned investment of about $24 billion over the next decade as the company races to meet AI-era demand for memory.
The company said it has broken ground on the facility inside its existing NAND manufacturing complex in Singapore. Micron described the project as part of its long-term manufacturing strategy for NAND flash, a type of memory used widely across devices and increasingly in data centers supporting artificial intelligence workloads.
Micron’s timeline is measured in years, not quarters: it expects wafer output to begin in the second half of calendar 2028. In its announcement, Micron highlighted the scale of the build-out, including the growth of cleanroom capacity and the use of advanced manufacturing approaches intended to support high-volume production.
The investment arrives during an aggressive global push to build AI infrastructure. As data centers expand and model training and inference require more bandwidth and storage, memory has become a constraint — and that has encouraged chipmakers to commit to large, multi-year capacity additions despite the industry’s long history of boom-and-bust cycles.
Micron also has broader expansion plans beyond Singapore, including major U.S. projects that aim to diversify production and strengthen supply chains. But Singapore remains a critical base for its NAND output, making this project one of the most consequential near-term steps in the company’s global manufacturing roadmap.
For Singapore, the announcement reinforces the country’s role in advanced semiconductor manufacturing, including the high-skilled engineering and operations roles that accompany cutting-edge fabs. Large-scale builds like this typically create jobs during both construction and steady-state operations, while also deepening local supplier networks.
For Micron and its customers, the key question is whether the added capacity arrives into a market that remains tight — or one that has shifted. By pegging the start of production to late-2028, Micron is effectively betting that AI-led demand growth will be durable enough to justify a multi-decade manufacturing asset.