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Home›US Markets›M&A & Deals›SK Hynix to invest $38 billion to build new memory chi…

SK Hynix to invest $38 billion to build new memory chip plants

The company is expanding capacity as memory prices have surged on tight supply and strong demand, with investors focused on whether that imbalance changes.

Reported · Written up by our desk · M&A & Deals

SK Hynix plans to invest $38 billion in new memory chip plants as demand for the chips rises, according to CNBC Markets.

The outlet said memory prices have moved higher amid a shortage of supply paired with heavy demand, and investors are watching for any sign that the supply-demand imbalance could shift.

CNBC World reiterated that the investment comes as the market tracks how quickly new capacity could affect pricing dynamics in memory.

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Sources

CNBC MarketsSK Hynix to invest $38 billion building new memory chip plants as demand soars
CNBC WorldSK Hynix to invest $38 billion building new memory chip plants as demand soars

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