SK Hynix announced a $38.1 billion investment to build two advanced memory chip plants in Yongin and Cheongju, addressing soaring demand amid a global supply shortage.
SK Hynix invests $38.1B in two fabs (Yongin DRAM Y2, Cheongju NAND M17; 2028–2029) to challenge Samsung's DRAM lead. Supply capacity now determines competitive edge—DRAM scarcity will remain a key constraint on AI infrastructure capex through 2030.
The move comes as demand for these essential components continues to rise
Aug 07, 2026
05:40 pm
What's the storySK Hynix, a leading South Korean semiconductor manufacturer, has announced a massive investment of 54 trillion Korean won ($38.1 billion) to set up two new memory chip production facilities.
The move comes as demand for these essential components continues to rise, particularly in the AI sector.
SK Hynix to invest $38 billion building new memory chip plants as demand soars
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SK Hynix investing $38 billion in two new memory chip factories
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