Micron breaks ground on US$24 billion wafer fab in Singapore
First double-storey wafer fab in Singapore, with output starting in 2028.
Micron today broke ground on a new advanced wafer fabrication facility at its North Coast Drive manufacturing compound. Here's what it means.
The news
First, the news. Micron Technology today broke ground on an advanced wafer fabrication facility that will produce NAND wafers for high-performance storage.
Micron president and CEO Sanjay Mehrotra was in town for the groundbreaking, as was DPM Gan Kim Yong, MTI's Beh Swan Gin, EDB's Jermaine Loy, and JTC's Jacqueline Poh.
Micron says the upcoming facility represents a planned investment of US$24 billion over 10 years. Wafer output is scheduled to begin in the second half of 2028.
Some notable facts: it will be the first double-storey wafer fab here, and it will co-locate manufacturing with R&D.
It's worth noting that Micron just last year announced an investment of US$7 billion on an HBM advanced packaging facility. They are located side by side.
NAND and DRAM
According to a 2024 report, Micron gives Singapore a 10% share in the high-end global memory market. What is memory anyway?
Modern electronics relies heavily on two main categories of memory: DRAM and NAND.
GPUs used for AI require large amounts of HBM, which is an advanced, extremely high-performance form of DRAM. NAND is used to make modern SSD storage drives used by consumers and businesses.
In AI data centres, one could rightly say that one feeds data to GPUs at extreme speed, while the other stores it.
Massive ecosystem
Memory production is a complex endeavour that requires a massive ecosystem: materials, chemicals, and tooling; wafer fabrication; packaging; testing; and integration.
This means working with a tightly interlinked network of manufacturing facilities along with a plethora of suppliers and partners.
Micron in Singapore
Micron has dozens of facilities around the world, including in Malaysia. In Singapore, today's announcement would bring its investments to more than US$60 billion since 1998, says CEO Mehrotra.
Micron's investments in Singapore have accelerated in monetary terms. Using publicly announced figures: US$24 billion in 2026, US$7 billion in 2025, and more than US$29 billion from 1998 to 2024.
One observation: the new NAND facility will be built up in phases in line with market demand. In its press release, Micron says it will "maintain flexibility in managing the pace of capacity ramps to align with market demand."
