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

Posted on August 7, 2026
By International Business Times
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SK Hynix Makes a New $38 Billion AI Bet: Memory Plants For South Korea

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.