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Micron Breaks Ground on $24 Billion Singapore Wafer Fab to Boost NAND Supply

Micron plans flexible capacity ramps to match demand during a supply crunch forecast to persist into 2027.

Overview

  • The decade-long project adds about 700,000 square feet of cleanroom space within Micron’s existing Singapore NAND complex, with wafer output slated for the second half of 2028.
  • The new facility will create roughly 1,600 jobs, bringing planned new roles in Singapore to about 3,000 when combined with Micron’s high-bandwidth memory packaging plant.
  • Micron’s HBM advanced packaging facility at the same site remains on track to contribute to supply in 2027, with the company citing potential synergies across NAND and DRAM operations.
  • The company says Singapore already produces 98% of its flash memory output, and it reiterated plans to expand DRAM capacity through talks to buy Powerchip’s P5 fab in Taiwan for $1.8 billion.
  • Industry analysts continue to expect tight memory supplies through late 2027 as Samsung and SK Hynix also accelerate capacity expansions to serve AI-driven demand.