Micron Technology(US:MU) Jin Rong Jie·2026-01-28 00:35Group 1 - Micron Technology plans to invest $24 billion in a NAND flash memory factory in Singapore over the next decade, with wafer production expected to start in the second half of 2028, creating 3,000 new jobs [1] - The expansion is driven by a surge in demand for high bandwidth memory (HBM) and enterprise-grade solid-state drives due to the construction of AI computing infrastructure, leading to a severe imbalance in supply and demand for storage chips [1] - Recent reports indicate that Samsung Electronics has raised NAND flash supply prices by over 100% in the first quarter, and major manufacturers have sold out their storage chip capacity for AI servers through 2026, highlighting the seriousness of the supply-demand imbalance [1] Group 2 - The tight supply situation for storage chips is expected to persist until 2027 or even 2028, with market value projected to reach $842.7 billion by 2027 [2] - Micron's expansion will drive demand for upstream semiconductor equipment, with the global semiconductor equipment sales expected to exceed $150 billion by 2027, and China remaining the largest market [2] - Following Micron's announcement, other manufacturers may follow suit, benefiting upstream semiconductor equipment suppliers, particularly domestic leading companies making rapid progress in semiconductor equipment localization [2]