SK Hynix to Invest $75 Billion by 2028 in Memory Solutions for AI

[AleksandarK]

South Korean giant SK Group has unveiled plans for substantial investments in AI and semiconductor technologies worth almost $75 billion. SK Group subsidiary, SK Hynix, will lead this initiative with a staggering 103 trillion won ($74.6 billion) investment over the next three years, with plans to realize the investment by 2028. This commitment is in addition to the ongoing construction of a $90 billion mega fab complex in Gyeonggi Province for cutting-edge memory production. SK Group has further pledged an additional $58 billion, bringing the total investment to a whopping $133 billion. This capital infusion aims to enhance the group's competitiveness in the AI value chain while funding operations across its 175 subsidiaries, including SK Hynix.

While specific details remain undisclosed, SK Group is reportedly exploring various options, including potential mergers and divestments. SK Group has signaled that business practices need change amid shifting geopolitical situations and the massive boost that AI is bringing to the overall economy. We may see more interesting products from SK Group in the coming years as it potentially enters new markets centered around AI. This strategic pivot comes after SK Hynix reported its first loss in a decade in 2022. However, the company has since shown signs of recovery, fueled by the surging demand for memory solutions for AI chips. The company currently has a 35% share of the global DRAM market and plans to have an even stronger presence in the coming years. The massive investment aligns with the South Korean government's recently announced $19 billion support package for the domestic semiconductor industry, which will be distributed across companies like SK Hynix and Samsung.



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[kondamin]

Yeah, we need AI ram not old DDR GDDR or HBM ram
AIRAM

 

[bonehead123]

Yep, make more AI chips so AI can make more chips to make more AI to make more AI chips, well, you get the idea....sounds like a plan to me

/s

 

[Philaphlous]

Here comes the era of....

AI
AI+
AI++
AI x
AI ti
AI Super

what'd I miss?

 

[Wirko]

Yep, make more AI chips so AI can make more chips to make more AI to make more AI chips, well, you get the idea....sounds like a plan to me

/s

AI will also consume all the chips, so all that will be left for humans (and file, mail, VDI, database, web, clowd and other old-style servers) will be a few C-grade potato chips.

 

[bonehead123]

Here comes the era of....

AI
AI+
AI++
AI x
AI ti
AI Super

what'd I miss?

Just about 6 or so plus signs, and 6 or so superlatives..ie.... Mega, Ultra, Quad, OC, Titanium, Platinum and, lest not forget the single MOST important one of all:

GAMIN ​

 

[Random_User]

And yet, these $75 billion come from milking the "regular" consumer, with atrocious inflated prices rising, like the mushrooms after the rain, for the same old SKUs, which sit in the warehouses for ages. I thought, the increasing the cell level would end up in the storage price decrease, according it's reliability, but alas. The QLC/PLC crap that costs the same for the same capacities, as a decade ago. Disgusting.
Let's hope, the AI gang will cope with whatever *LC garbage, like everyone else.

 

[TumbleGeorge]

I find it hard to believe that companies actually invest such sums. Otherwise, everyone can make and talk about intentions and even plans. I can also write that I will invest two trillion dollars, just don't ask me for invoices for such amounts.