U.S. Commerce Sec. Howard Lutnick pressures SK Hynix and Samsung to build U.S. AI fabs, stating they have 'no choice but to follow.'

SK Hynix, Micron, and Samsung must prove AI demand has broken the memory chip industry's brutal boom-and-bust cycle as new fab capacity looms on the

Commerce Secretary Howard Lutnick is pressing Samsung and SK Hynix to build US memory chip fabs, threatening 100% tariffs as AI drives a global supply