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SK Hynix holds groundbreaking ceremony for $4 billion Indiana AI chip packaging facility

The project will add HBM packaging capacity and an AI research center as demand for advanced memory surges, SK Hynix said.

Summary by WTVB
By Kenrick Cai and Heekyong Yang WEST LAFAYETTE, Indiana, Aug 27 (Reuters) - South Korean chipmaker SK Hynix on Thursday held a groundbreaking ceremony for an advanced packaging and research facility in Indiana worth more than $4 billion, expanding its...

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(West Lafayette, Indiana = Yonhap News) Correspondent Hong Jeong-gyu = Advanced High Bandwidth Memory (HBM), a core element of the artificial intelligence (AI) industry, is... our company...

·Seoul, Korea (the Republic of)
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SK Hynix is investing $4 billion to build an advanced HBM packaging plant in West Lafayette, Indiana. With the goal of mass production in the second half of 2029, the company aims to complete the HBM supply chain connecting Korea and the U.S. and plans to emerge as a key hub of the North American AI semiconductor ecosystem by collaborating with Purdue University to foster local talent and create a large number of jobs.

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조선일보 broke the news on Thursday, August 27, 2026.
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