SK Hynix to build advanced plant in Indiana in boost to US chip self-sufficiency - FT


FILE PHOTO: Employee walk past the logo of SK Hynix at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji/File Photo

(Reuters) -South Korean chipmaker SK Hynix has chosen the state of Indiana for a cutting-edge facility in the United States, the Financial Times reported on Thursday.

SK Hynix is considering a possible investment in the U.S. but hasn't made a final decision yet, the company said in a statement to Reuters.

The company's new packaging plant in Indiana will specialise in stacking standard dynamic random access memory chips to create high-bandwidth memory (HBM) chips, before integrating them with Nvidia's graphic processing units (GPUs), the report said, citing sources.

SK Hynix currently produces its HBM chips in South Korea. Subsequently, they are shipped to Taiwan, where they are integrated by Taiwan Semiconductor Manufacturing into Nvidia's GPUs, alongside other TSMC-made processors, FT reported.

(Reporting by Mrinmay Dey, Disha Mishra and Joyce Lee; Editing by Dhanya Ann Thoppil)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Smartphone on your kid’s Christmas list? How to know when they’re ready.
A woman's Waymo rolled up with a stunning surprise: A man hiding in the trunk
A safety report card ranks AI company efforts to protect humanity
Bitcoin hoarding company Strategy remains in Nasdaq 100
Opinion: Everyone complains about 'AI slop,' but no one can define it
Google faces $129 million French asset freeze after Russian ruling, documents show
Netflix’s $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim
Pakistan to allow Binance to explore 'tokenisation' of up to $2 billion of assets
Analysis-Musk's Mars mission adds risk to red-hot SpaceX IPO
Analysis-Oracle-Broadcom one-two punch hits AI trade, but investor optimism persists

Others Also Read