SK Hynix has announced plans to invest over $38 billion in new DRAM and NAND manufacturing facilities, aiming to boost production capacity amid rising demand from AI and other technologies. The investment, approved on August 7, includes a total of 54.3 trillion Korean won, which is equivalent to the $38 billion figure, according to the company’s official statement (notebookcheck.net).
The new facilities will begin operations in December 2028 and June 2029, with SK Hynix stating that equipment installation will be done based on demand rather than as a short-term solution to lower RAM prices. This approach reflects the company’s strategy to align production with market needs rather than overcapacity (gsmarena.com).
The investment comes as AI infrastructure spending and memory demand surge, contributing to higher memory prices. SK Hynix is expanding its capacity to meet this growing demand, particularly in DRAM and NAND chips, which are essential for data centers and other high-performance applications (tekedia.com).
The timing of the expansion underscores the ongoing pressure on memory markets, with SK Hynix positioning itself to capitalize on long-term trends rather than address immediate price fluctuations.
