"SK Hynix to Invest $4 Billion in Indiana Semiconductor Plant and Research Center"

South Korean chipmaker SK Hynix plans to invest over $3.87 billion in Indiana to build a semiconductor packaging plant and research center, creating around 800 high-wage jobs by 2030. The plant, to be located at Purdue Research Park, will focus on producing high-bandwidth memory chips to meet U.S. semiconductor demand and advance chip development. The investment is expected to boost Indiana's role in the tech sector and contribute to U.S. innovation and national security, with the company receiving significant incentives from the state and local authorities.