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SK Hynix Makes a New $38 Billion AI Bet: Memory Plants For South Korea

Billion AI Bet
International Business Times Fews App News Provider
Fews App Post Time ha 14h

The projects are designed to increase production of dynamic random access memory, or DRAM, and NAND flash memory, two products that have become critical components in the AI industry. Getty Images SK Hynix is making one of its biggest bets yet on the artificial intelligence boom, announcing plans to invest 54 trillion Korean won, or about $38. 1 billion, to expand its memory chip manufacturing capacity as demand for AI hardware continues to outpace supply.

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