SK Hynix targets Indiana as U.S. memory production hub by 2030

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Source: CNBC
SK Hynix targets Indiana as U.S. memory production hub by 2030
Photo: CNBC
TL;DR

SK Hynix breaks ground on a $4 billion Indiana packaging plant—the first U.S. facility for memory packaging—to position Indiana as a key source of high-bandwidth memory (HBM) by 2030, with chips manufactured in Asia and shipped to Indiana for packaging. The project is supported by CHIPS Act funds and state incentives, will create about 1,000 direct jobs plus thousands more in construction and partners, and is part of a broader U.S. expansion alongside ongoing capacity growth in Korea.

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