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SK Hynix Commences Construction of $4 Billion HBM Facility in the US

SK Hynix has begun building a new high-bandwidth memory (HBM) complex in Indiana, USA, with an investment exceeding $4 billion, aiming to strengthen its market position and reduce geographic risks.

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SKHYNIX$1,364.44+1.20%NVDA$218.29-4.45%

SK Hynix has initiated the construction of a new semiconductor manufacturing complex in Indiana, supported by grants and loans under the CHIPS Act. The facility will feature an HBM packaging line and an R&D center focused on AI chips. This development aligns with the anticipated high demand for HBM, especially following Nvidia's warnings about memory shortages. SK Hynix currently holds approximately 58% of the global HBM market, positioning it as a key player in the sector. The new plant is expected to enhance the company's production capacity and technological capabilities, reinforcing its leadership in the high-performance memory market.

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The new facility is likely to bolster SK Hynix's market share in HBM and support the growing demand driven by AI and high-performance computing applications.