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SK Hynix Announces AI Memory Expansion Amid Surging Demand

SK Hynix Announces AI Memory Expansion Amid Surging Demand

Published:
2026-01-13 07:00:02
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BTCCSquare news:

SK Hynix unveiled plans for a new semiconductor plant in Cheongju, targeting the explosive growth of AI memory demand. The facility, slated for completion by 2027, aims to capitalize on the 33% projected CAGR for High Bandwidth Memory (HBM) through 2030. 'This investment secures our leadership in the AI era,' the company stated, emphasizing its dual focus on technological innovation and regional economic balance.

The announcement follows SK Hynix's showcase of next-gen AI memory solutions at CES 2026, where it pledged to 'create new value' through customer collaborations. The Venetian Expo exhibition highlighted HBM's critical role in AI infrastructure, mirroring industry-wide shifts toward specialized hardware.

|Square

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