SK hynix to Invest Nearly $39 Billion in Two New Memory Chip Factories to Boost AI Capacity
Covered by 2 sources
SK hynix has approved an investment of approximately $38-39 billion to construct two new semiconductor fabs, Y2 for DRAM and M17 for NAND, in South Korea. Construction is set to begin in 2027 with production starting between 2028 and 2029. This expansion aims to address the increasing demand for memory chips driven by AI data centers and aligns with the company's broader investment strategy.
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