SK Hynix is investing $38.1 billion to construct two new memory chip facilities in South Korea. These factories, one in Yongin for HBM and DRAM and another in Cheongju for NAND flash, are intended to meet the surging demand for AI-driven memory products. Production is slated to begin as early as June 2029, with analysts predicting that memory prices will remain high until at least the end of 2028 due to this sustained demand and manufacturers prioritizing data center clients. AI
IMPACT This expansion by SK Hynix signals continued high demand for AI-specific memory, potentially impacting supply chains and pricing for AI infrastructure.
RANK_REASON Significant investment by a major AI hardware supplier. [lever_c_demoted from significant: ic=1 ai=0.7]
- Cheongju
- CNBC
- dynamic random-access memory
- High Bandwidth Memory
- Micron
- NAND flash
- Neil Shah
- Samsung
- SK Hynix
- South Korea
- Yongin
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