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Efosa Udinmwen

Micron looks to help ease global chip crisis - new $24 billion Singapore facility should boost NAND supply worldwide, but will it be enough?

Micron 3610 NVMe SSD.
  • Micron commits long-term capital to expand global NAND manufacturing capacity
  • New Singapore wafer output will not begin until the second half of 2028
  • AI infrastructure demand continues to strain global memory supply chains

Micron has announced a $24 billion investment to expand memory manufacturing in Singapore, adding a large wafer fabrication facility intended to increase global NAND supply.

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