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SK Hynix breaks ground on $4B HBM memory facility in Indiana for AI

SK Hynix breaks ground on $4B HBM memory facility in Indiana for AI

Photo: Crypto Briefing

The Korean chipmaker adds storage to its American plans as a memory shortage tied to AI demand shows no sign of easing SK Hynix plans to build a NAND memory facility in the US, aimed squarely at the AI data centers consuming chips faster than anyone can make them. The move would give the South Korean memory giant a second major manufacturing footprint on American soil. Its first is already under construction in Indiana, and the timing is no accident: its CEO thinks the current shortage could run to the end of the decade.

Source: Crypto Briefing

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