Micron Technology is preparing to disclose a new investment in memory chip production in Singapore, according to three people briefed on the plans. Those people, who asked not to be identified because they were not authorised to speak publicly, said the company could announce the expansion as soon as Tuesday.
One of the sources specified that the planned investment would be directed at NAND flash memory. Micron did not immediately reply to a request for comment on the report.
The announced expansion would be aimed at easing an acute global shortage of memory chips, a shortfall that industries ranging from consumer electronics makers to providers of AI services are confronting as demand for memory rises with a build-out of AI infrastructure.
Singapore already plays a central role in Micron's flash production. The company operates substantial manufacturing capacity in the city-state and is responsible for about 98% of its flash memory output there. In addition, Micron is constructing an advanced packaging facility for high bandwidth memory, which is used in AI chips. That packaging plant carries an estimated price tag of $7 billion and is slated to start production in 2027.
Micron and its principal competitors in the memory market - South Korea's Samsung and SK Hynix - have been adding production lines and in some cases accelerating planned start dates for new capacity. Analysts continue to warn, however, that the supply gap for memory could persist through late 2027.
In related moves, Micron said last week that it was in talks to acquire a fabrication site from Powerchip in Taiwan for $1.8 billion in cash, a purchase it said would increase its DRAM wafer output. Separately, SK Hynix indicated this month that it plans to bring forward the opening of a new factory by three months and to begin operating another new plant in February.
The reported Singapore investment, if confirmed, would represent another step by Micron to expand capacity in response to sustained demand pressure for both flash and dynamic random access memory. For industries dependent on memory supply, the scale and timing of new production remain critical variables as companies plan inventory, product launches, and AI infrastructure rollouts.