SK hynix to build AI-boosting chip factory in Indiana: Report

A man walks past the logo of SK Hynix outside the company's Bundang office in Seongnam on January 26, 2024. [AFP]

Korean chipmaker SK hynix, a key memory chip supplier to Nvidia, will reportedly build an advanced chip packaging factory in Indiana as it looks to bolster its standing in the AI semiconductor segment.

The new packaging plant in Indiana will be focused on stacking dynamic random access memory (DRAM) chips to create high-end bandwidth memory (HBM), used to train AI, according to the Financial Times.

SK hynix said that nothing has been decided about location, although it is considering building a shop in the U.S.

“We keep exploring possible locations but haven’t decided yet,” a spokesperson at SK hynix said.

BY PARK EUN-JEE [park.eunjee@joongang.co.kr]