SK Hynix announces $38.1 billion investment plan to expand DRAM and NAND production

SK Hynix to invest $38B in AI memory chip expansion

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.