Quartz·1 min read·medium
SK Hynix is pouring $38 billion into new memory chip plants for AI
✦AI Summary
South Korean chipmaker SK Hynix has approved a $38 billion investment to build new memory chip fabrication plants in Yongin and Cheongju. The facilities are expected to begin operations between 2028 and 2029 to support the growing demand for AI hardware.
The South Korean chipmaker approved 54 trillion won for fabs in Yongin and Cheongju, targeting cleanroom openings in 2028 and 2029
technologybusinesseconomy
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