Micron plans to use the new capacity to support ongoing technological transitions. Credit: Charles Knowles/Shutterstock.com. Micron Technology has begun construction on a new wafer fabrication facility at its existing NAND manufacturing site in Singapore, marking an investment of approximately $24bn (S$31bn) over the coming decade. The company expects to open 700,000ft² of cleanroom space, with wa...
Micron plans to use the new capacity to support ongoing technological transitions. Credit: Charles Knowles/Shutterstock.com. Micron Technology has begun construction on a new wafer fabrication facility at its existing NAND manufacturing site in Singapore, marking an investment of approximately $24bn (S$31bn) over the coming decade. The company expects to open 700,000ft² of cleanroom space, with wafer production scheduled to commence in the second half of 2028. This development aims to increase output to meet rising demand for NAND technology as artificial intelligence (AI) and data-driven applications expand worldwide. The facility, which will be Singapore’s first double-storey wafer manufacturing plant, will play a key role in Micron’s regional NAND Centre of Excellence. The project is forecasted to create about 1,600 jobs focused on semiconductor engineering and operations, including roles that involve AI and automation technologies. When combined with the previously announced high-bandwidth memory (HBM) advanced packaging site, which is expected to supply HBM products by 2027, Micron’s recent expansions are set to generate around 3,000 positions in total across both facilities. GlobalData Strategic Intelligence US Tariffs are shifting - will you react or anticipate? Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis. By GlobalData Learn more about Strategic Intelligence Micron plans to use the new capacity to support ongoing technological transitions and to maintain flexibility in scaling output according to shifts in market demand. The facility will integrate research and development activities alongside manufacturing operations, a move intended to speed up product deployment and strengthen partnerships between industry and academic institutions. Company representatives marked the groundbreaking with a ceremony attended by Gan Kim Yong, Singapore’s deputy prime minister and minister for Trade and Industry; Dr Beh...
AP Chanel/E+ via Getty Images Industrial capacity continues to rise, as does industrial production, both revised higher. The standout is the PMI remaining below 50, now ~40 months mostly below 50, reflecting an intractable period of market pessimism. Even with the rises we have seen in selected industrial issues, I see a remarkable period still ahead of heady price movement once market pessimism c...
AP Chanel/E+ via Getty Images Industrial capacity continues to rise, as does industrial production, both revised higher. The standout is the PMI remaining below 50, now ~40 months mostly below 50, reflecting an intractable period of market pessimism. Even with the rises we have seen in selected industrial issues, I see a remarkable period still ahead of heady price movement once market pessimism converts to recognition of economic expansion. The current administration’s tariff policies have yet to see the initial building of additional capacity that the reported $10-18 trillion implies. There remain 3-4 years of strong GDP growth ahead, in my opinion, with a decent period of increased wage growth, retail sales and expansion of individual home ownership. Original Post Editor's Note: The summary bullets for this article were chosen by Seeking Alpha editors.
This deep-sea mining stock thrived in 2025 for several reasons. It's not often that mining companies produce triple-digit gains in a calendar year, but that's precisely what TMC the metals company (TMC 18.06%), did in 2025. With critical metals emerging as a central theme last year, investors took note of the deep-sea mining company and bid the stock continually higher. According to data provided ...
This deep-sea mining stock thrived in 2025 for several reasons. It's not often that mining companies produce triple-digit gains in a calendar year, but that's precisely what TMC the metals company (TMC 18.06%), did in 2025. With critical metals emerging as a central theme last year, investors took note of the deep-sea mining company and bid the stock continually higher. According to data provided by S&P Global Market Intelligence, shares of The Metals Company skyrocketed 450.9% in 2025. White House interest in deep-sea mining suggested to investors there'd be smooth sailing ahead With his return to the Oval Office, investors speculated that President Trump would take action to spur domestic production of critical minerals. They were right. After issuing executive orders in late March encouraging the development of rare-earth mining, Trump signed orders on April 24 to advance the deep-sea mining industry. Expand NASDAQ : TMC TMC The Metals Company Today's Change ( -18.06 %) $ -1.71 Current Price $ 7.74 Key Data Points Market Cap $3.2B Day's Range $ 7.54 - $ 9.66 52wk Range $ 1.44 - $ 11.35 Volume 675K Avg Vol 9.4M As one of the most familiar names in deep-sea mining, The Metals Company immediately received a wave of investor attention, and shares closed on the day of the announcement of the executive orders almost 45% higher than the previous day. Several weeks later, a May article that examined the merits of deep-sea mining appeared in the Wall Street Journal, leading investors to bid shares higher. The excitement around the company continued into June, when it announced that Korea Zinc would invest $85.2 million in exchange for 19.6 million shares. In addition to making an equity investment, Korea Zinc conveyed an interest in partnering with The Metals Company to process, refine, and even build manufacturing capacity in the United States. One of the most significant catalysts for the stock's rise last year -- one that arose repeatedly -- was the escalating trade te...
Key Points This popular ETF provides unique exposure, with a strong emphasis on large tech companies. Investors could avoid trying to pick single stocks that they believe will be AI winners. Set the right expectations, as this ETF’s monster 558% trailing decade return might not repeat. 10 stocks we like better than Invesco QQQ Trust › On Nov. 30, 2022, OpenAI released ChatGPT. And it was an immedi...
Key Points This popular ETF provides unique exposure, with a strong emphasis on large tech companies. Investors could avoid trying to pick single stocks that they believe will be AI winners. Set the right expectations, as this ETF’s monster 558% trailing decade return might not repeat. 10 stocks we like better than Invesco QQQ Trust › On Nov. 30, 2022, OpenAI released ChatGPT. And it was an immediate hit. The popularity of the artificial intelligence (AI) chatbot, which had 800 million weekly users in November, spurred a historic race in the corporate world to invest incredible amounts of money to develop AI-related infrastructure, hardware, and software. Many experts believe that AI will usher in a new era of human prosperity, essentially commoditizing intelligence and adding to global GDP. Investors should consider ways to build exposure in their portfolios. Instead of choosing individual stocks, here's one AI exchange-traded fund (ETF) to buy with $1,000 and hold forever. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Despite owning 100 stocks, there is a high concentration among a select few A popular way to get access to companies at the forefront of AI is to consider buying the Invesco QQQ Trust (NASDAQ: QQQ). This ETF tracks the performance of the 100 largest non-financial companies that trade on the Nasdaq exchange. There are 100 stocks. However, investors should understand that there is concentration among certain businesses. The "Magnificent Seven" group combined makes up 41% of the QQQ's asset base. These are some of the most innovative companies the world has ever seen, with forward-thinking management teams and technologically advanced product and service offerings. These businesses also give investors plenty of exposure to AI. Nvidia's graphics-processing units power AI training and inference. Alphabet's Gemini app not only has 650 million monthly active users, but ...
Photo: Micron Technology U.S. memory chipmaker Micron Technology said on Tuesday it plans to invest $24 bn in a new semiconductor manufacturing facility in Singapore. The company moves to expand production amid a sharp global shortage of memory chips. The project, first reported by Reuters, comes as the semiconductor industry races to build infrastructure for artificial intelligence, leaving manuf...
Photo: Micron Technology U.S. memory chipmaker Micron Technology said on Tuesday it plans to invest $24 bn in a new semiconductor manufacturing facility in Singapore. The company moves to expand production amid a sharp global shortage of memory chips. The project, first reported by Reuters, comes as the semiconductor industry races to build infrastructure for artificial intelligence, leaving manufacturers of consumer electronics and AI services competing for limited supplies of memory components. Micron said the investment, spread over the next decade, will fund an advanced wafer fabrication plant aimed at meeting rising demand for NAND flash memory driven by AI and data-heavy applications. Wafer production is expected to begin in the second half of 2028 at a cleanroom complex covering more than 700,000 square feet. Singapore Remains Core to Micron’s Global Output Singapore already accounts for 98% of Micron’s flash memory production. The company is also constructing a $7 bn advanced packaging facility there for high bandwidth memory used in AI chips, with production scheduled to start in 2027. Micron said the HBM packaging plant remains on track to add supply that year. Analysts said the global memory shortage could persist until late 2027, even as Micron and rivals Samsung Electronics and SK Hynix plan new production lines and move to accelerate start-up timelines. TrendForce analyst Bryan Ao said demand for high-performance storage equipment is rising far faster than expected due to the expansion of AI inference applications. He added that large North American cloud service providers have increased orders since late last year to capitalise on growth in AI agents, pushing contract prices for enterprise solid-state drives up by an estimated 55% to 60%. According to TrendForce data, Micron ranked as the world’s fourth-largest flash memory supplier in the third quarter of 2025 with a 13% market share. The company said last week it is in talks to acquire a fabrication...