The company said Yongin's "Y2 fab" is the second of four fabrication plants planned for the cluster and will serve as a production base for dynamic random access memory (DRAM) chips. DRAM, which temporarily stores data for processors, is a critical component in the servers powering the AI boom.

SK hynix Invests 54 Trillion Won in Yongin Y2 and Cheongju M17 to Secure Mid-to-Long-Term Production Base for AI Memory Demand

SK hynix said Friday it will invest about 54 trillion won ($38.1 billion) to build new semiconductor fabs in Yongin and Cheongju, accelerating its capacity expa