The Zhitong Finance App learned that SK Hynix (SKHY.US), the world's second-largest memory chip manufacturer, announced on Friday that the board of directors has decided to pass a major investment plan totaling about 54 trillion won (about 38 billion US dollars) to build two new fabs in Yongin and Cheongju, South Korea to meet the growing demand for memory in the AI era. This is the most substantial step taken by SK Hynix in expanding production capacity after the South Korean government announced the “Big Three Super Projects” national strategy in June. It indicates that this HBM leader is expanding production capacity at an unprecedented rate.

The Zhitong Finance App learned that SK Hynix (SKHY.US), the world's second-largest memory chip manufacturer, announced on Friday that the board of directors has decided to pass a major investment plan totaling about 54 trillion won (about 38 billion US dollars) to build two new fabs in Yongin and Cheongju, South Korea to meet the growing demand for memory in the AI era. This is the most substantial step taken by SK Hynix in expanding production capacity after the South Korean government announced the “Big Three Super Projects” national strategy in June. It indicates that this HBM leader is expanding production capacity at an unprecedented rate.