Micron to Invest $24 Billion in Singapore Plant
Over time, Micron’s footprint expanded to include four major wafer fabrication facilities
Micron Technology’s recent announcement that it will invest approximately $24 billion (SG$31 billion) to build a new advanced wafer fabrication facility in Singapore marks one of the most ambitious expansions in the company’s global manufacturing footprint. The project, unveiled on January 27, 2026, comes amid a surge in demand for memory chips — particularly those used to power artificial intelligence (AI) data centers and high-performance computing — and reflects Singapore’s strategic importance to Micron’s long-term production plans.
Micron’s Singapore journey began in the late 1990s and early 2000s, as the company sought to establish a significant presence in Asia’s burgeoning semiconductor manufacturing ecosystem. Its involvement was formalized in 1998, and over the ensuing decades Micron steadily expanded its footprint. Today, Singapore serves as one of the company’s most important overseas manufacturing hubs, home to multiple wafer fabrication plants, an assembly and test facility, and a workforce of roughly 9,000 employees.
A notable early milestone was the formation of IM Flash Singapore in 2011, a joint venture with Intel to produce NAND flash memory — an essential memory technology used in solid-state drives and mobile devices. Micron later acquired Intel’s stake, cementing full ownership and reinforcing the city-state’s role as a core production base.
Over time, Micron’s footprint expanded to include four major wafer fabrication facilities, including sites dedicated to advanced 3D NAND production, and a test and assembly complex that supports global supply chains. Singapore’s ecosystem also embraced one of the first front-end semiconductor fabs globally to achieve recognition as an Advanced Fourth Industrial Revolution Lighthouse for sustainability and advanced manufacturing practices — underscoring the synergy between Micron’s capabilities and Singapore’s innovation agenda
In 2025, Micron announced a significant $7 billion investment to build a high-bandwidth memory (HBM) advanced packaging facility in Woodlands, designed to bolster production of memory tailored to AI workloads. That facility, slated to begin operations in 2027, was heralded as Singapore’s first advanced semiconductor packaging site of its kind, expected to create thousands of jobs and deepen local industrial expertise.
The latest $24 billion wafer fab expansion builds directly on this foundation. Located within Micron’s existing NAND manufacturing complex, the new facility will focus on state-of-the-art wafer fabrication with a sprawling cleanroom and production capabilities optimized for NAND flash memory — the workhorse technology behind data storage and increasingly vital for AI infrastructure. Output from the plant is expected to begin in the second half of 2028, with the site constructed to allow flexible scaling aligned with market demand.
Micron’s decision to reinforce its Singapore operations comes as the memory market grapples with supply shortages and rapidly rising demand from cloud service providers and AI developers. Analysts note that Singapore already produces a substantial share of Micron’s flash chips globally, and the new investment positions the company to better meet burgeoning needs while balancing capacity to avoid oversupply.
For Singapore, Micron’s continued expansion affirms the city-state’s status as a leading semiconductor hub and a magnet for long-duration industrial investment. Over the past 25 years, Micron’s cumulative investment in Singapore has surpassed $30 billion, making it one of the largest foreign investors in the local economy. Its facilities not only produce critical components for global technology supply chains but also anchor a significant portion of Singapore’s high-tech industrial workforce and expertise.
As Micron breaks ground on this new facility, the company underscores Singapore’s strategic role in its global manufacturing network and affirms its commitment to meeting the next generation of memory demand — particularly from AI and data-centric computing — while contributing to the continued growth of Singapore’s semiconductor ecosystem.
Project News