Home / Business and Economy / SK Hynix Unit Eyes $45B US Chip Plant
SK Hynix Unit Eyes $45B US Chip Plant
27 Oct
Summary
- Solidigm in talks for a $45 billion US chip plant.
- SK Hynix subsidiary negotiating with US Commerce Department.
- This would be the first new chip facility for the company.
Solidigm Inc., an American subsidiary of South Korean memory-chip maker SK Hynix Inc., is currently engaged in negotiations with the US Commerce Department. The focus of these discussions is a substantial $45 billion investment intended for the development of a new chip plant within the United States. This proposed facility represents a significant strategic move for the company.
Sources familiar with the negotiations indicate that this potential investment would establish the first entirely new chip manufacturing plant for Solidigm in the US. The scale of the project underscores a commitment to expanding semiconductor production capabilities within the country. Further details regarding the timeline and specific location are anticipated as discussions progress.
