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SK Hynix Plans $15 Billion Chip Expansion to Meet AI Demand

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April 24, 2024, 8:37 a.m. | Yoolim Lee

Bloomberg Technology bloomberg.com

SK Hynix Inc. plans to spend about $14.6 billion building a new memory chip complex in South Korea, preparing to meet rapidly growing demand for semiconductors employed in AI development.

ai development billion building chip demand development expansion korea ksc:000660 memory semiconductors sk hynix south korea spend

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