Singapore, Jan 27, 2026 (AFP) - Micron builds $24 bn Singapore chip fab as AI demand soars

NAMPA / AFP

2026-01-27

US chip firm Micron said Tuesday it was building a $24 billion plant in Singapore to help meet soaring AI-driven demand that has caused a global shortage of memory components. Artificial intelligence data centres worldwide are hoovering up the memory chips used in consumer electronics -- a crunch threatening higher prices for phones, laptops and other devices. Micron said it had broken ground Tuesday on an "advanced wafer fabrication facility loc......

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