Micron’s Planned $24 Billion Singapore Wafer Fab Breaks Ground As AI-Driven NAND Demand Rises

By Amit Chowdhry • Yesterday at 12:59 PM

Micron Technology has broken ground on a new advanced wafer fabrication facility in Singapore, marking a planned investment of about US$24 billion (SG$31 billion) over the next decade as the company scales manufacturing to meet long-term demand for NAND technology tied to AI growth and data-centric computing.

The facility will be built within Micron’s existing NAND manufacturing complex in Singapore and is designed to ultimately deliver 700,000 square feet of cleanroom space. Micron said wafer output is scheduled to begin in the second half of calendar 2028, adding capacity intended to support future technology transitions and expanding demand for advanced storage.

The groundbreaking ceremony highlighted the site’s strategic importance to both Micron and Singapore’s semiconductor ambitions. Attendees included Gan Kim Yong, Singapore’s deputy prime minister and minister for Trade and Industry, along with senior officials from the Ministry of Trade and Industry, the Singapore Economic Development Board, and JTC Corporation.

Micron positioned the project as a core element of its NAND Center of Excellence in Singapore, emphasizing the operational benefits of integrating research and development alongside manufacturing. The company said co-location is expected to improve efficiency, speed time-to-market, and strengthen research partnerships between industry and academia.

The Singapore expansion also sits alongside Micron’s previously announced high-bandwidth memory advanced packaging facility at the same complex. Micron said that the packaging facility remains on track to contribute meaningfully to its HBM supply in calendar year 2027. As HBM becomes part of the company’s Singapore footprint, Micron expects opportunities to create synergies across NAND and DRAM production, while retaining flexibility in how quickly it ramps capacity in the new fab to align with market demand.

Micron said the new wafer fab investment is expected to create about 1,600 jobs. Combined with roughly 1,400 jobs previously announced for the HBM advanced packaging facility, the company expects its broader Singapore expansion to support about 3,000 new Micron roles in total. The positions are expected to focus on fab engineering and operations, with an emphasis on integrating AI, advanced robotics, and smart manufacturing technologies.

On sustainability, Micron said the new facility will align with the company’s commitments and build on the Singapore site’s recognition as a World Economic Forum Sustainability Lighthouse and an Energy Efficiency National Partnership Award recipient. The company said the fab will adhere to LEED standards and incorporate measures such as greenhouse gas abatement, water recycling, and waste circularity.

Micron also framed the investment as a talent and ecosystem catalyst, describing plans to work with academia and partners on workforce development initiatives. These include internship pathways for students, upskilling programs tied to AI and smart manufacturing, and efforts to develop R&D talent to support future innovation.

KEY QUOTES

“Micron’s leadership in advanced memory and storage is enabling the AI-driven transformation reshaping the global economy,” said Manish Bhatia, executive vice president of global operations at Micron Technology. “We are grateful for the longstanding support and successful partnership with the Singapore government, including EDB and JTC. This investment underscores Micron’s long-term commitment to Singapore as an important hub in our global manufacturing network, enhancing supply chain resiliency and fostering a vibrant ecosystem for innovation.”

Manish Bhatia, Executive Vice President Of Global Operations, Micron Technology

“Micron’s latest expansion will strengthen our semiconductor ecosystem and further anchor Singapore as a critical node in the global semiconductor supply chain,” said Jermaine Loy, managing director of the Singapore EDB. “This investment rides on growth in AI and will provide good jobs for Singaporeans. Micron’s advanced facility will leverage advanced robotic automation and boost our advanced manufacturing ecosystem, helping our workforce seize new opportunities.”

Jermaine Loy, Managing Director, Singapore Economic Development Board