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Micron to Invest $24 Billion in Singapore NAND Plant Over Decade

Micron Technology plans a major NAND chip facility in Singapore, with wafer output expected in the second half of 2028.

Summary

Micron Technology announced a $24 billion investment over ten years to build a new NAND flash memory plant in Singapore. The company expects wafer production to commence in the second half of the 2028 calendar year. This move underscores Micron’s long-term commitment to expanding semiconductor manufacturing capacity and meeting global demand for NAND storage products.

Terms & Concepts
  • NAND Flash Memory: A non-volatile storage technology commonly used in SSDs, smartphones, and other digital devices for data storage.
  • Wafer Output: The production of semiconductor wafers, which are thin slices of silicon used as the base for microelectronic devices.
  • Semiconductor Fabrication Plant: A facility where silicon wafers are processed into integrated circuits through various manufacturing steps.