SK Hynix to invest $38 billion building new memory chip plants as demand soars
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Source: CNBC
Published: 2026-08-07 18:40 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: South Korea, Technology & AI, Financial Markets
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Snippet:
SK Hynix said on Friday it will invest 54 trillion Korean won ($38.1 billion) to build two new memory chip manufacturing plants, as demand for the components, which are key to AI, continues to grow.
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