SK Hynix bets $38B on two new memory-chip fabs to satisfy AI demand
TL;DR Summary
SK Hynix announced a 54 trillion won ($38.1B) investment to build two memory-chip fabrication plants—Y2 in Yongin for DRAM and M17 in Cheongju for NAND—as AI-driven demand keeps memory prices high; the move is part of a broader master plan to invest 600 trillion won in Yongin and 100 trillion in Cheongju.
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