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Monday, 1 July2024

SK Hynix Plans $75 Billion Investment in AI Chips by 2028

SK Hynix Plans $75 Billion Investment in AI Chips by 2028

South Korean semiconductor giant SK Hynix announced plans to invest $75 billion by 2028 in AI chip development. This significant investment aims to enhance the company's competitive edge in the rapidly growing AI market. The funding will support advancements in AI technology and bolster SK Hynix's position as a leader in semiconductor innovation, addressing the increasing demand for AI-driven solutions across various industries.

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