Micron plans $24-billion memory chipmaking plant in Singapore

Core Viewpoint - Micron Technology is making a significant investment of $24 billion to establish a new memory chip manufacturing facility in Singapore to address the global shortage of memory chips [1] Company Summary - The investment plan by Micron Technology aims to enhance production capacity in response to the acute global shortage of memory chips [1] Industry Summary - The announcement reflects the ongoing challenges in the memory chip industry, highlighting the urgent need for increased output to meet global demand [1]