SK Hynix confirms at an investor conference that it will invest $75 billion by 2028 to expand HBM memory production and serve the AI market; understand
Last week (06/30), the SK Hynix confirmed in a conference call with investors that it will restructure priorities to expand HBM Memory ProductionThe measure aims to keep up with the growing demand of the artificial intelligence market and also plans to invest approximately $75 billion by 2028.
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The information confirmed by Reuters also quotes the chairman of SK Group himself, Chey Tae-won, according to whom this is a “fundamental and necessary preventive change”.
Currently, SK Hynix is among the top three memory manufacturers in the world, alongside SAMSUNG and Micron, which both already are HBM invests heavily in AI server chips.
Impact on PC Memory Price
At the same time, the change in production focus directly implies a reduction in the production of memories for domestic products, including DRAM and GDDR chips.
💰 The Korean giant of memory, #SK hynix, has announced a massive investment plan of KRW 103 trillion (USD 75 billion) by 2028, with the majority going to #HBM!💡More details on his ambitious investment plan: https://t.co/oUcUz4Zcnm 🔗
— TrendForce (@trendforce) July 1, 2024
Consequently, the measure has the potential to make memory for PCs, notebooks, smartphones and video cards more expensive in the production chainultimately impacting the price for the final consumer.
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Source: Reuters
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Rose James is a Gossipify movie and series reviewer known for her in-depth analysis and unique perspective on the latest releases. With a background in film studies, she provides engaging and informative reviews, and keeps readers up to date with industry trends and emerging talents.
