SK hynix bets $38 billion on new fabs to feed AI memory demand

AI Summary SK hynix is making another massive wager on artificial intelligence. The South Korean memory giant approved 54 trillion won (about $38 billion) in new manufacturing investments on Friday, authorizing two new chip fabs that will expand production of the memory chips powering AI systems. The move reflects the company’s belief that demand for AI infrastructure... fulltext: 368 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/sk-hynix-ai-38b-chip-expansion/ Source: CryptoPolitan