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.

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…

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