IM Flash SIngapore was founded in February 2007, by Micron Technology and Intel Corporation.

It was planned to begin operations in late 2008, but due to the financial crisis of 2007–2008, all 800 employees were retrenched.

In 2010, preparations were made to start production by end of that year, as the IM Flash Technologies plant had reached maximum capacity.

Intel would sell its stake in IM Flash Singapore to Micron, along with its share of IM Flash Technologies assets in Micron's Manassas, Virginia plant.

[7] The deal was completed in 2019 where Intel received $1.5 billion and Micron will sell them 3D XPoint memory wafers until the end of 2020.