
"Flush with cash from skyrocketing memory prices, Micron continued its fab expansion this week, this time breaking ground on a $24 billion manufacturing complex that will eventually produce chips used in storage devices. Located at Micron's long-standing foundry complex in Singapore, the facility is expected to swell to 700,000 square feet of clean room space over the next 10 years and create around 1,600 new jobs in the city state."
"The ground breaking comes a year after Micron announced a $7 billion advanced packaging and test facility at the same Singapore site. That plant will be responsible for the final assembly and testing of high bandwidth memory (HBM) used in GPUs and AI accelerators. Micron says the plant should begin contributing meaningfully to HBM supply starting next year. Combined with its new NAND flash fab, Micron now expects to expand its headcount by around 3,000 workers."
Micron broke ground on a $24 billion manufacturing complex in Singapore to produce chips used in storage devices. The Singapore facility is projected to reach 700,000 square feet of clean-room space over the next 10 years and create about 1,600 jobs. NAND flash module production is slated to begin in the second half of 2028. A separate $7 billion advanced packaging and test plant at the same site will assemble and test HBM for GPUs and AI accelerators and should contribute to supply next year. Micron acquired a Powerchip fab to retrofit for DRAM, aiming for wafer output by mid-to-late 2027. A $100 billion New York project will take roughly 20 years to reach four fabs spanning 1.2 million square feet.
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