Micron (MU) broke ground on an advanced wafer fabrication facility located within the company’s existing NAND manufacturing complex in Singapore. This new facility represents a planned investment of approximately $24B over 10 years and is designed to ultimately provide 700,000 square feet of cleanroom space. Wafer output is scheduled to begin in the second half of calendar 2028.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MU:
- ASML Holding NV (ASML) Earnings Ahead as Analysts See AI Upside
- Micron (MU) Plans $24B Memory Chip Investment in Singapore, After Nvidia Turns to Samsung
- Nvidia (NVDA) to Sign Memory Chip Deal with Samsung
- 3 Best ETFs to Invest In, According to AI Analyst, 01/26/2026
- “$50+ Earnings Isn’t Crazy”: Micron Stock Gets a Bullish Call From Top Analyst
