"SK Hynix Invests $3.87 Billion in US Chip Packaging Plant"

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Source: Reuters
"SK Hynix Invests $3.87 Billion in US Chip Packaging Plant"
Photo: Reuters
TL;DR Summary

SK Hynix, the world's second-largest memory chip maker, is set to invest $3.87 billion in building an advanced packaging plant and research facility for AI products in Indiana, USA. The new plant will mass-produce next-generation high bandwidth memory (HBM) chips, used in graphic processing units for training artificial intelligence systems, and is expected to start production in the second half of 2028. The investment aims to strengthen the supply chain resilience for AI chips in the US and is part of SK Hynix's commitment to invest $15 billion in the semiconductor industry, including the creation of an advanced packaging and testing facility in the US.

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