South Korean Chipmaker SK Hynix to Build $3.9 Billion AI Chip Plant in Indiana
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SK Hynix, a South Korean semiconductor company, plans to build a $3.9 billion AI chip fabrication plant in Indiana, U.S.
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The plant will produce advanced memory components and focus on advanced chip packaging
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This investment is part of an effort to revive domestic semiconductor manufacturing in the U.S., supported by the Biden administration
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The announcement was made at Purdue University alongside a ceremonial investment agreement
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The plant builds on other recent investments by Asian chipmakers expanding production to the U.S.