Nvidia supplier SK Hynix to invest $6.8 billion in South Korea chip plant
Friday, 26 July 2024 ()
SK Hynix announced a $6.8 billion investment for its first chip plant in Yongin, South Korea. The plant will bolster AI semiconductor demand and contribute to SK Hynix’s growth. The site will also feature a research facility for testing domestic chip materials and equipment. The investment supports the company's long-term growth strategy planned since 2019.
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