SK hynix Announces $133 Billion Investment in Memory and AI Technologies

The South Korean giant aims to bolster its semiconductor dominance and expand into AI with a massive funding plan through 2028.

SK hynix will invest $74.6 billion over three years to strengthen its memory chip business.
An additional $58 billion will be allocated to AI and semiconductor advancements.
The investments include constructing a $90 billion mega fab complex in Gyeonggi Province.
SK Group plans to streamline its 175 subsidiaries and improve its AI value chain.
The company aims to generate 80 trillion won by 2026 and increase pre-tax profits to 40 trillion won by 2026.