Micron Technology is poised to disclose a fresh investment to increase memory chip production capacity in Singapore, with the company likely to make the announcement as early as Tuesday, according to people familiar with the matter.
The planned investment centers on NAND flash memory production. That focus reflects growing demand across multiple industries that are currently experiencing acute shortages of memory chips of all types, the sources said. Those shortages have been driven in part by the rapid build-out of AI infrastructure and remain widespread among consumer electronics makers and AI service providers.
Singapore is already a central manufacturing location for Micron. The company produces 98% of its flash memory chips there, underscoring the country’s role in Micron’s production footprint. In addition to the planned NAND capacity increase, Micron is constructing a $7 billion advanced packaging plant in Singapore for high bandwidth memory tailored to artificial intelligence chips. That facility is scheduled to begin production in 2027.
Micron is not alone in accelerating capacity plans. Its primary competitors in the memory market - Samsung and SK Hynix - have also been announcing new production lines and moving up production start dates. Nevertheless, analysts cited by the same sources expect the memory supply shortage could continue through late 2027.
The forthcoming Singapore investment and the company’s existing and planned facilities highlight the scale of capital deployment in memory manufacturing as firms respond to tightened supply conditions. The announcement, when made, will add to a broader industry trend of accelerated build-outs and shifted timelines intended to ease shortages, but forecasts suggest those efforts may take years to fully rebalance supply and demand.
Sector impacts: semiconductor manufacturing, consumer electronics, and AI infrastructure services.