SK Hynix to invest $720B for the world’s biggest HBM factory network
SK Hynix plans a $720 billion expansion in South Korea to build what it calls the world’s largest network of high-bandwidth memory factories. Capacity constraints and AI-driven price spikes are reshaping the memory boom-bust cycle, while HBM supply is essential for AI chips. With 58% HBM market share in the first quarter, SK Hynix says long-term customer agreements and meetings with Nvidia and AMD support the buildup amid Korean market volatility.