South Korea's SK Hynix has announced plans to invest $75 billion by 2028 to expand its semiconductor production, with a significant focus on AI memory chips. The investment is part of a broader strategy by its parent company, SK Group, to strengthen its position in the competitive chipmaking industry. Approximately 80%, or $60 billion, of the investment will be allocated to manufacturing high-bandwidth memory (HBM) chips, which are optimized for use with Nvidia's AI accelerators. SK Group also aims to secure $58 billion by 2026 for AI and chip investments. Additionally, SK Telecom and SK Broadband will be involved in the broader investment strategy. The move is expected to bolster SK Hynix's capabilities in AI hardware and secure its role as a key supplier of advanced memory to major AI players.
South Korean semiconductor company SK Hynix plans to invest 103trn won โ or roughly $74.5bn โ into its business by 2028 to focus on chips and AI. https://t.co/LmJVNETjZa
South Korea's SK Group aims to come up with $56bn by 2026 to invest mainly in artificial intelligence and semiconductors, as it looks to secure its chipmaking unit's position as the key supplier of advanced memory to Nvidia and other AI players. https://t.co/FlTTaiRRyZ
SK Hynix plans major AI investment to boost its business https://t.co/v9ainluHDT
South Korea's ๐ฐ๐ท SK Hynix plans to invest $75 billion through 2028, focusing on AI and high-bandwidth memory (HBM) chips. About 80%, or $60 billion, will be dedicated to HBM chips optimized for use with Nvidia's AI accelerators. [cc: $MU] SK Telecom and SK Broadband will alsoโฆ https://t.co/mx9k16lvOz
SK Hynix announces $75B investment to boost AI chipmaking business https://t.co/pzbteSl70V
๐๐ฐ๐ท South Korea's SK Hynix commits a staggering $75B investment in AI by 2028 to leapfrog in the competitive chipmaking industry. Bold moves in tech could shift the balance of power in AI hardware, folks! ๐ช #AIRevolution #TechInvestment https://t.co/FLbqshI8Y2
South Korea's second-largest chipmaker announces plans for a $75 billion investment in artificial intelligence by 2028, in addition to a $90 billion investment in a new chip facility.
South Koreaโs SK Hynix to invest US$75-billion by 2028 in AI, chips https://t.co/PDO0gmW7Wn
SK hynix plans $74.6 billion investment to strengthen its memory chip business โ hopes for AI business boost https://t.co/gmLbS8hsmQ https://t.co/aqRQbqgAta
#SouthKorea's SK Hynix to invest $75 bln by 2028 in #AI, chips
SK Hynix plans to invest ~$75B on chips through 2028, allocating ~80%, or $60B, on manufacturing HBM chips as part of the parent company SK Group's bet on AI (@yoolimleenews / Bloomberg) https://t.co/DMyZc0A3Io ๐ซ Subscribe: https://t.co/OyWeKSRpIM https://t.co/PO0BV78LZv
South Korea's SK Hynix to invest $75 billion by 2028 in AI, chips
SK Group to secure $58 billion for AI, chip investments by 2026 Read: https://t.co/0Wekkojz4D https://t.co/cOsXbDxHkq
SK Group plans to invest about $75 billion through 2028 in its semiconductor unit SK Hynix, with most of the money going into AI memory chips https://t.co/jowGpyQ27w ์ถ์ฒ @technology
South Korea's SK Hynix to invest $75 bln by 2028 in AI, chips https://t.co/wcsCtazBAD https://t.co/OomYcxVcAk
Chipmaker SK Hynix announces plans to invest $75 billion in expanding production of semiconductor chips by 2028.
Korean conglomerate SK Group plans to invest about $75 billion through 2028 in its semiconductor unit, with most of the money going into AI memory chips https://t.co/8BpRLvgh80