"SK Hynix's $4 Billion Investment in US Chip Plant Signals Midwest's Growing Semiconductor Potential"
SK hynix plans to invest close to $4 billion to build an advanced packaging fabrication and R&D facility for AI products in the Purdue Research Park, marking a significant development in the U.S. semiconductor supply chain. The facility is expected to create over a thousand new job opportunities and will mass-produce next-generation high-bandwidth memory chips. This investment is part of the company's long-term commitment to the region and is supported by the CHIPS and Science Act, which aims to strengthen the semiconductor industry in the U.S. and enhance national security.