AIPublished
SK Hynix's Massive AI Memory Buildout
SK Hynix is undertaking its largest buildout in history, investing $400 billion in a 45 million square foot facility in South Korea. The company plans to triple its capacity by 2034, driven by the growing demand for high-bandwidth memory chips for AI applications.
At a glance
- SK Hynix is investing $400 billion in a massive facility in South Korea
- The company plans to triple its capacity by 2034
- High-bandwidth memory chips are in high demand for AI applications
- The shortage of memory chips has led to price increases and volatility in the market