Business Technology

SK Hynix expands US presence with HBM plant

SK Hynix expands US presence with HBM plant

SK Hynix broke ground on an advanced packaging facility for AI memory in Indiana, signaling a major US expansion.

The company also expressed openness to further US investment.

CEO Kwak Noh-jung forecast a global memory chip shortage lasting through 2030.

The move is part of a broader trend of semiconductor manufacturing reshoring.

SK Hynix smial (talk), FAL
SK Hynix
South Korean memory semiconductor supplier
United States
Country located primarily in North America