Samsung and SK Hynix Announce $518 Billion AI Chipmaking Hub in South Korea
By
Associated Press
4h ago· 3 min readenNews
Summary
South Korean President Lee Jae Myung joined Samsung and SK Hynix chairmen to announce a $518 billion investment plan to build a massive chipmaking hub in South Korea, aimed at meeting surging global demand for AI semiconductors. The mega-project involves Samsung Electronics and SK Hynix, two of the world's largest memory chip manufacturers, and represents a strategic national effort to dominate the AI chip supply chain.
Source
bskySamsung and SK Hynix Announce $518 Billion AI Chipmaking Hub in South Koreabroadbandbreakfast.comKey quotes
· 2 pulledPresident Lee Jae Myung joined the chairs of companies Samsung and SK Hynix on Monday in announcing the planned investment.
South Korean tech giants Samsung Electronics and SK Hynix are building a massive chipmaking hub to serve soaring AI demand.
President Lee Jae Myung joined the chairs of companies Samsung and SK Hynix on Monday in announcing the planned investment.
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