Asia
Micron to Spend $7 Billion Building Singapore Memory Chip Plant
- US memory chip maker expects to operate new plant in 2026
- HBM chips are widely used in AI data centers across the world
A Micron silicon wafer stacker.
Photographer: Kyle Green/BloombergMicron Technology Inc. is investing $7 billion over the next several years to expand its manufacturing footprint in Singapore, as artificial intelligence boosts demand for advanced memory chips.
The US company broke ground on a new facility in the city-state on Wednesday, saying the plant is set to start operating in 2026. It will be used to package high-bandwidth memory chips, a type widely seen in AI data centers, and create about 1,400 jobs.