Micron Breaks Ground on New HBM Advanced Packaging Facility in Singapore

Company Overview - Micron Technology Inc is an industry leader in innovative memory and storage solutions, transforming how the world uses information to enrich life [7] - The company delivers a rich portfolio of high-performance DRAM, NAND and NOR memory and storage products through its Micron® and Crucial® brands [7] - Micron's innovations fuel the data economy, enabling advances in artificial intelligence (AI) and compute-intensive applications [7] New HBM Advanced Packaging Facility - Micron broke ground on a new High-Bandwidth Memory (HBM) advanced packaging facility in Singapore, the first of its kind in the country [1][2] - The facility is scheduled to begin operations in 2026, with meaningful expansion of Micron's total advanced packaging capacity starting in 2027 [2] - The investment of approximately US$7 billion (SG$9.5 billion) through the end of the decade and beyond will initially create around 1,400 jobs, with plans to reach an estimated 3,000 jobs in the future [3] - The new roles will include functions such as packaging development, assembly and test operations [3] Strategic Importance - The new facility strengthens Micron's position to address expanding AI opportunities as AI adoption proliferates across industries [3] - It reflects Micron's confidence in Singapore's competitiveness as a critical node in the global semiconductor supply chain [4] - The facility will contribute to global AI growth and expand Singapore's partnership with Micron, further strengthening the semiconductor ecosystem in Singapore [4] Sustainability and Innovation - The new HBM advanced packaging facility will be built in alignment with Micron's sustainability commitments, featuring technologies such as greenhouse gas abatement, water recycling and waste circularity [6] - The facility will be highly automated through AI-based intelligent solutions and designed to meet the Leadership in Energy and Environmental Design (LEED) certification requirements [6] - Micron's current facility in Singapore is the first front-end semiconductor fab in the world to be recognized as the Advanced Fourth Industrial Revolution Lighthouse and Sustainability Lighthouse by the World Economic Forum [6] Future Plans - Micron will maintain flexibility in managing the pace of capacity ramps in both the HBM and NAND facilities to align with market demand [5] - Future expansion plans in Singapore will also support long-term manufacturing requirements for NAND [4]