Micron to invest RM95bil in Singapore to boost chip production, creating 1,600 jobs


Singapore Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong (centre) at the groundbreaking ceremony for the new facility on Jan 27. -- ST PHOTO: GIN TAY

SINGAPORE (The Straits Times/ANN): Memory chip giant Micron Technology is building a US$24 billion (S$30.5 billion - RM95 billion) plant here to ramp up its production of semiconductors as booming artificial intelligence (AI) demand causes an unprecedented shortage of hardware powering data centres.

The plant, located within the American company’s existing manufacturing complex in Woodlands, will provide an additional 65,000 sq m of cleanroom space when it becomes operational in the second half of 2028.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Aseanplus News

Cathay Pacific roughly doubles fuel surcharge on most routes
PREVIEW-Soccer-Taiwan cheering row overshadows China quarter-final at Asian Cup
Mainland Chinese see Taiwan positively, won’t retreat from US trade war: survey
Asean News Headlines at 10pm on Thursday (March 12, 2026)
West Asia conflict: Singapore warns of rising electricity prices due to war in the very near future
The govt sounds the alert as Vietnam encourages remote work to save fuel
Mideast war risks dramatically deepening Myanmar crisis, says UN expert
Foreign investors threaten legal action against Vietnam over renewables, document says
Global crackdown targets South-East Asia's criminal scam networks
Emerging Markets - Asia stocks slip as oil surge fuels risk aversion; currencies sag

Others Also Read