From The Tech Buzz, January 27:
Chipmaker's massive expansion targets NAND shortages amid soaring AI demand
- Micron commits $24 billion to expand NAND chip production in Singapore, with manufacturing set to begin in second half of 2028
- The expansion adds 700,000 square feet of cleanroom space and 1,600 jobs as AI-driven demand for memory chips outpaces supply
- Memory shortages are expected to last through late 2027 as chipmakers prioritize high-bandwidth memory over conventional NAND and DRAM
- Micron shares jumped 3% in after-hours trading as the company positions Singapore as a critical manufacturing hub alongside its $7B HBM facility
Micron Technology just placed a $24 billion bet on Singapore, announcing a massive expansion that signals how desperate the memory chip industry has become. The American chipmaker's commitment to add 700,000 square feet of cleanroom space at its existing NAND complex comes as global memory shortages threaten to choke off the AI boom. Production won't start until late 2028, but the investment shows how manufacturers are scrambling to address supply constraints that analysts expect will persist through 2027.
Micron Technology is pouring $24 billion into Singapore, making one of the largest single investments in memory chip manufacturing as the industry races to catch up with AI-fueled demand that's creating shortages across the board.
The Idaho-based chipmaker announced Tuesday it will add 700,000 square feet of cleanroom space to its existing NAND manufacturing complex in Singapore. These highly controlled environments, designed to prevent even microscopic contamination, will start producing NAND flash memory chips in the second half of 2028. The timeline matters - it means relief from current shortages is still years away, even as companies scramble for supply today.
NAND technology, the type of memory chip found in everything from smartphones to data center servers, has seen demand skyrocket in recent months. The culprit? The rapid expansion of AI applications and data-heavy workloads that require massive amounts of storage. According to industry estimates, these shortfalls won't ease until late 2027, creating a pressure cooker situation for tech companies dependent on steady chip supplies....
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In early pre-market action the stock is up $16.01(+4.11%) at $405.10
