Friday, 7 August, 2026
Betting Big on AI: SK Hynix Approves $38.3 Billion Megadeal for South Korean Chip Plants
By TechShots Studio
South Korean memory maker SK Hynix has greenlit a 54.3 trillion won ($38.3 billion) investment through 2031 to expand its production capacity.The funds will drive the second phase of its Yongin cluster (35.2 trillion won) for next-generation DRAM and High Bandwidth Memory (HBM), alongside building the M17 fab in Cheongju (19.1 trillion won) to produce NAND flash memory for AI infrastructure.