The Chip Off the Old Block: What SK Hynix's US Expansion Means for Global Tech The news that South Korea based memory maker SK Hynix is building its first US factory in Indiana has sent shockwaves through the tech industry.
This $4 billion project aims to make the state a key high bandwidth memory production base by 2030, driven by demand from artificial intelligence and other cutting edge applications.
SK Hynix's decision to set up shop in Indiana echoes that of its arch rival, Samsung, which has invested heavily in production facilities around the world.