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Micron broke ground on a $24B Singapore expansion to boost AI-driven memory production, adding 700K sq ft of cleanroom space and 1,600 jobs.
A new double-story wafer fabrication facility is scheduled to start operations in late 2028 as part of Micron Technology's $24 billion, ten-year expansion of its NAND flash memory production in Singapore.
The project will complement an existing $7 billion high-bandwidth memory (HBM) packaging facility that is anticipated to begin production in 2027.
It will add 700,000 square feet of cleanroom space and generate about 1,600 new jobs as part of a larger effort to meet the rising global demand driven by artificial intelligence.
The expansion supports Micron's strategy to prioritize AI-driven memory and storage solutions in the face of ongoing supply shortages and strengthens Singapore's position as a vital hub for advanced semiconductor manufacturing.
Micron inició una expansión de 24 mil millones de dólares en Singapur para impulsar la producción de memoria impulsada por la IA, agregando 700 mil pies cuadrados de espacio de sala limpia y 1,600 empleos.