
SK Hynix to Build $51 Billion NAND Chip Factory by 2029
SK Hynix will spend 80 trillion won on a new NAND fab and 20 trillion won on a packaging plant to meet AI driven memory demand through 2029.

SK Hynix will spend 80 trillion won on a new NAND fab and 20 trillion won on a packaging plant to meet AI driven memory demand through 2029.

SK Hynix is raising up to $29.43 billion through a Nasdaq ADR listing to fund AI chip factories and EUV equipment purchases. Here is what the capital raise means for…

SK Hynix filed to raise approximately $29.65 billion through a Nasdaq ADR listing, a deal that would surpass both Alibaba's 2014 U.S. IPO and Saudi Aramco's 2019 offering. Trading is…