Rantburg

Today's Front Page   View All of Fri 05/23/2025 View Thu 05/22/2025 View Wed 05/21/2025 View Tue 05/20/2025 View Mon 05/19/2025 View Sun 05/18/2025 View Sat 05/17/2025
2024-05-27 Economy
Nvidia supplier SK Hynix to invest $3.87 bln in US chip packaging plant
SEOUL, April 3 (Reuters) - SK Hynix (000660.KS), opens new tab, the world's second-largest memory chip maker, said on Wednesday it will invest around $3.87 billion to build an advanced packaging plant and research and development facility for AI products in the U.S. state of Indiana.

The new plant will include an advanced chip production line to mass-produce next-generation high bandwidth memory (HBM) chips, currently used in graphic processing units that train artificial intelligence systems, the Nvidia (NVDA.O), opens new tab supplier said in a statement.

Mass production is planned to start in the second half of 2028. The new facility in West Lafayette, Indiana will also house a packaging R&D line.

The facility "will help strengthen supply chain resilience" for AI chips in the U.S., CEO Kwak Noh-Jung said.

The engineering talent pool provided by the region's Purdue University, infrastructure for chip manufacturing, and support from the state and local government were factors in the chipmaker's decision, it said.

SK pledged in 2022 to invest $15 billion in the semiconductor industry through R&D programs, materials, and the creation of an advanced packaging and testing facility in the U.S.
Last month it began mass production of the latest version of HBM chips, called HBM3E, with sources saying initial shipments are going to Nvidia.

SK Hynix has been the sole supplier of the version previously used - the HBM3 - to Nvidia, which has 80% of the market for AI chips.
Posted by Besoeker 2024-05-27 10:05|| || Front Page|| [11127 views ]  Top

07:27 Grom the Affective
07:23 Procopius2k
07:23 Besoeker
07:07 Procopius2k
07:05 Procopius2k
07:04 Grom the Affective
07:03 Procopius2k
07:00 badanov
06:58 Grom the Affective
06:45 MikeKozlowski
06:44 Besoeker
06:37 Besoeker
06:34 MikeKozlowski
06:32 MikeKozlowski
06:28 NN2N1
06:27 Besoeker
06:26 MikeKozlowski
06:23 Skidmark
06:16 Elmerert Hupens2660
06:16 NN2N1
06:12 NN2N1
06:11 Elmerert Hupens2660
06:08 Elmerert Hupens2660
06:04 Mullah Richard









Paypal:
Google
Search WWW Search rantburg.com