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SK Hynix Considers AI Investment Unit

28 Jan

Summary

SK Hynix is exploring a new unit for AI investments.
The proposed unit may be established in the United States.
It could manage approximately 10 trillion won in assets.

SK Hynix, a prominent South Korean chip manufacturer and a key supplier of advanced AI chips, is currently contemplating the formation of a specialized unit focused on artificial intelligence investments. This consideration follows a media report suggesting the establishment of such an entity in the United States.

The potential new subsidiary in the U.S. would reportedly oversee a substantial portfolio of AI-related assets. These assets, valued at approximately 10 trillion Korean won (which converts to $6.92 billion), are held overseas by various affiliates within the SK Group.

This strategic exploration indicates SK Hynix's proactive approach to capturing opportunities within the dynamic and expanding field of artificial intelligence. The company is evaluating various measures as it considers this significant expansion.

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