SK Hynix pledges $38 billion to build two new DRAM and NAND factories

Steve Dent· Aug 7, 2026 · 12:42 PM UTC ·2 min read · 0 reactions · 0 comments · 3 views

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News SK Hynix pledges $38 billion to build two new DRAM and NAND factories The company said the new fabs will help it keep pace with the explosive demand for memory products. 7, 2026 8:42 am EST Poetra.RH/Shutterstock SK Hynix has announced that it will invest 54 trillion Korean won ($38.1 billion) to build two new memory chip facilities in South Korea. The company, which is the second largest RAM and NAND chip manufacturer after Samsung, said the new fabs will help it keep pace with the explosive demand for memory products caused by the AI data center boom.

Key facts

▪News SK Hynix pledges $38 billion to build two new DRAM and NAND factories The company said the new fabs will help it keep pace with the explosive demand for memory products.
▪7, 2026 8:42 am EST Poetra.RH/Shutterstock SK Hynix has announced that it will invest 54 trillion Korean won ($38.1 billion) to build two new memory chip facilities in South Korea.
▪The company, which is the second largest RAM and NAND chip manufacturer after Samsung, said the new fabs will help it keep pace with the explosive demand for memory products caused by the AI data center boom.

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Original publisher	Engadget
Canonical URL	https://www.engadget.com/2232279/sk-hynix-pledges-38-billion-to-build-dram-nand-factories/
Publication time	Fri, 07 Aug 2026 12:42:43 +0000
Retrieval time	2026-08-07T12:50:45.791Z
Last seen	2026-08-07T12:50:45.791Z
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Publisher visit	Yes — open original
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Opening excerpt (first ~120 words) tap to expand

News SK Hynix pledges $38 billion to build two new DRAM and NAND factories The company said the new fabs will help it keep pace with the explosive demand for memory products. By Steve Dent Aug. 7, 2026 8:42 am EST Poetra.RH/Shutterstock SK Hynix has announced that it will invest 54 trillion Korean won ($38.1 billion) to build two new memory chip facilities in South Korea. The company, which is the second largest RAM and NAND chip manufacturer after Samsung, said the new fabs will help it keep pace with the explosive demand for memory products caused by the AI data center boom. The first cleanroom will start production as early as June 2029, SK Hynix officials said.

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