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SEOUL -- SK Hynix will spend $3.9 billion to build an advanced chip packaging fabrication plant in the U.S. state of Indiana, as the administration of President Joe Biden aims to revive the domestic semiconductor manufacturing sector.
SEOUL -- SK Hynix is looking into building a U.S. chip packaging plant, the CEO of the South Korean memory chipmaker acknowledged on Wednesday.
The demand for high bandwidth memory (HBM) chips has boomed with the growing popularity of generative AI. But Samsung, unlike peers SK Hynix and Micron Technology, has been conspicuous by its absence in any deal making with AI chip leader Nvidia to supply latest HBM chips.
SEOUL -- The artificial intelligence boom has created a sharp divide on the South Korean stock market: memory chip maker SK Hynix has shot up more than 16% this year, while bigger rival Samsung Electronics has languished.
South Korea's SK Hynix said on Thursday it will focus on high-end memory semiconductors used in artificial intelligence chipsets this year after strong demand drove a surprise profit in the fourth quarter.
SEOUL -- SK Hynix swung to operating profit in the fourth quarter as the memory chip industry rebounded from a long slump and demand for semiconductors used in artificial intelligence jumps.