30 June 2024

SK Hynix plans to invest ~$75B on chips through 2028, allocating ~80%, or $60B, on manufacturing HBM chips as part of the parent company SK Group's bet on AI (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg:
SK Hynix plans to invest ~$75B on chips through 2028, allocating ~80%, or $60B, on manufacturing HBM chips as part of the parent company SK Group's bet on AI  —  - About 80%, or $60 billion, will be spent on HBM memory chips  — Plan underscores overhaul at S. Korea's No. 2 business group

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