SK Hynix Plans US AI Chip Production by 2029

AI-generated NewsSnap summary based on source reporting.
Published: 2026-08-27
Category: business
Source: BNN Bloomberg
Original source

SK Hynix announced it will commence volume production of HBM4E chips for AI applications at its Indiana facility in Q3 2029. This over $4 billion investment significantly expands the South Korean chipmaker's U.S. operations, addressing the growing global demand for high-bandwidth memory in artificial intelligence.

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