On Tuesday at 11:38 AM (Bangkok time), the share price of the Depositary Receipt on MICRON issued by BLS (MICRON01) rose by 0.65% or THB 0.05 to THB 7.75, with a trading value of THB 21.27 million.
Meanwhile, the Depositary Receipt on MICRON issued by YUANTA (MICRON19) remained unchanged at THB 8.20, with a trading value of THB 788,990.
This came as Micron Technology announced plans to invest $24 billion in a new memory chip manufacturing plant in Singapore over the next ten years, aiming to address the severe global shortage of memory chips.
The expansion underscores mounting industry pressure to scale up production capacity for NAND flash memory, which is increasingly vital for sectors such as artificial intelligence and data storage.
The U.S.-based semiconductor firm outlined that its forthcoming facility will add approximately 700,000 square feet of cleanroom space to its existing Singapore operations. Production of NAND memory wafers at the site is expected to commence in the second half of 2028.
Micron’s Singapore locations currently manufacture 98% of the company’s flash memory output. The company is also in the process of completing a $7 billion advanced packaging facility for high-bandwidth memory (HBM), which remains on schedule to start operations in 2027. HBM chips are a key component for advanced AI processors.
This new investment brings Micron’s total spending in Singapore to over $60 billion since 1998. The company stated that the new facility will create roughly 1,600 engineering and operations jobs, contributing to a combined total of about 3,000 new positions when considering both the NAND and HBM projects.
