Micron on Jan 27 announced an expansion of its presence here with an investment of US$24 billion.
The expanded agreement will see Sembcorp sell another 150MW to Micron.
The length of the agreement remains at 18 years, through 2041.
"By supplying power to Micron’s manufacturing facilities, Sembcorp is supporting the continued build-out of advanced semiconductor manufacturing capabilities that underpin the global AI ecosystem," says Sembcorp.
See also: French nuclear helps shield Europe power prices amid Iran shock
Sembcorp shares closed at $5.92 on Jan 28, down 0.17%. It is up 9.02% in the past year.
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