SK hynix board approves $38B investment to build two facilities for DRAM and NAND chips

SK Hynix Approves $38 Billion Investment to Build Two New Memory Chip Fabs in South Korea

SK Hynix Inc. announced a 54 trillion won ($38 billion) investment to construct new semiconductor fabrication facilities in Yongin and Cheongju, South Korea, with the Yongin Y2 fab receiving 35.2 trillion won for DRAM production and the Cheongju M17 fab receiving 19.1 trillion won for NAND production. The facilities are targeting cleanroom openings in 2028 and 2029 to meet surging AI memory demand.

Aug 7, 20267 sourcesAI compute & environmental impact Nanotechnology Semiconductor manufacturing

SK Hynix Approves $38 Billion Investment to Build Two New Memory Chip Fabs in South Korea

SK hynix board approves $38B investment to build two facilities for DRAM and NAND chips

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SK Hynix Approves $38 Billion Investment to Build Two New Memory Chip Fabs in South Korea

Other sources for this story

Two new SK hynix fabs target cleanroom openings in 2028 and 2029

SK Hynix to Invest approximately $38.3 Billion in Yongin and Cheongju to Expand AI Memory Production Base — BigGo Finance

SK hynix to invest W54tr in new Yongin, Cheongju fabs

SK hynix Invests 54 Trillion Won in Yongin Y2 and Cheongju M17 to Secure Mid-to-Long-Term Production for AI Memory Demand

SK Hynix pledges $38 billion to build two new DRAM and NAND factories - Engadget

SK Hynix to Spend $38 Billion on Chip Fab Expansion in Korea

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