SK Hynix Plans ₩54.3 Trillion Chip Fabrication Investment Through 2031
SK Hynix will invest more than 54 trillion won in two major South Korean chip fabrication projects by 2031, aiming to capture surging AI memory demand and solidify the country’s semiconductor leadership.
SK Hynix is committing over 54.3 trillion won to build two new chip fabrication facilities in South Korea, with the investment rolling out over the coming years through 2031. The move underscores the company’s push to secure capacity for high-bandwidth memory and other advanced chips essential for artificial intelligence workloads.
The planned projects are set to strengthen South Korea’s position as a global semiconductor powerhouse. They come as global demand for memory chips, particularly those tied to AI, continues to grow rapidly.
The announcement signals a long-term bet on the structural shift in data center and AI infrastructure, potentially boosting domestic chip equipment and materials suppliers alongside SK Hynix itself.
Source: First Squawk