SEOUL, July 2 : SK Hynix said on Thursday that it plans to invest 80 trillion won ($51.46 billion) to build a new factory for NAND memory chip production by 2029 to address a shortage driven by the AI boom. SK Hynix plans to start construction of the new fab, called M17, in the South Korean city of Cheongju n

Samsung and SK Hynix are pulling a chip-plant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle that has drawn money…

South Korean tech giants Samsung Electronics and SK Hynix plan to invest a combined $518 billion in a new computer chip manufacturing hub, capitalizing on surging artificial…

Samsung, SK Hynix to build new chip fabs under South Korea's $520 billion AI semiconductor initiative to boost production.

Samsung and SK Hynix, backed by the South Korean government, are pouring $590 billion into new chip factories and packaging centers as AI data center demand surges. According to…

South Korean tech giants Samsung Electronics and SK Hynix plan to invest a combined $518 billion in a new computer chip manufacturing hub, capitalizing on surging artificial…

The world’s two largest memory-chip makers said their existing investments wouldn’t be enough to meet demand, amid a worldwide shortage. | World News

Samsung and SK Hynix refer to planned factory location in more cautious terms

Samsung Electronics and SK hynix on Tuesday reaffirmed plans to invest about 800 trillion won ($518 billion) to turn Korea's southwest into the country's next s

An industrywide 392 trillion-won ($252.5 billion) investment will be injected into the central Chungcheong area, including high bandwidth memory (H...

An industrywide 392 trillion-won ($252.5 billion) investment will be injected into the central Chungcheong area, including high bandwidth memory fabs and packag

SEOUL, July 2 : SK Hynix said on Thursday that it plans to invest 80 trillion won ($51.46 billion) to build a new factory for NAND memory chip production by 2029 to address a…

SEOUL, July 2 : SK Hynix said it would invest 100 trillion won ($64.38 billion) to build new chip plants, including one for NAND flash memory, as part of a massive South Korean…

SEOUL, July 2 : SK Hynix said it would invest 100 trillion won ($64.38 billion) to build new chip plants, including one for NAND flash memory, as part of a massive South Korean…

SEOUL, July 2 : SK Hynix said on Thursday it planned to invest 100 trillion won ($64.38 billion) to build new NAND memory chip and packaging factories as part of a massive…

SK Hynix announced plans to invest $51 billion in a new NAND memory chip factory, M17, in Cheongju by 2029 to meet AI-driven demand.

The projects in the country's central city of Cheongju outlined on Thursday come under a $2.1 trillion plan unveiled by the chipmaker and its local rival Samsung Electronics on…

SK Hynix will spend $51.46bn on a new NAND fab in Cheongju by 2029, part of a $64bn package as AI-driven memory demand strains supply.

SK Hynix will invest $64 billion to expand AI memory chip production, advanced semiconductor packaging, and NAND flash manufacturing in South Korea.

Chipmaker says spending will help double South Korea’s memory chip capacity, despite concerns over potential investment bubble