SK hynix to Invest $38.3 Billion in New AI Memory Chip Plants
South Korean chipmaker SK hynix announced a 54.3 trillion won investment to construct fabrication plants for AI memory chips, responding to surging demand.
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SK hynix Inc. said on Friday it will invest a combined 54.3 trillion won (US$38.3 billion) to build new semiconductor fabrication plants. The investment aims to address rapidly growing demand for memory chips tailored for artificial intelligence applications.
The move reinforces the critical role of AI memory in the semiconductor industry, as global tech firms scale up AI infrastructure. SK hynix's expansion is expected to strengthen its position in a highly competitive market.
Source: First Squawk