SK Hynix Accelerates New Fab Timeline As AI Memory Demand Surges

Memory chip makers are trying to keep the AI beast fed, and as part of that effort, SK hynix is speeding up plans to open a new chip fab a few months ahead of schedule, according to Reuters. Before you get excited thinking that the memory chip shortage is about to end, the accelerated schedule still amounts to an opening that is more than a year away.

SK hynix, which is a major supplier of advanced memory chips to several tech firms, including NVIDIA, now plans to open a new chip factory in Youngin, South Korea, in February 2027. If it succeeds in doing so, the fab would open three months ahead of the original timeline.

In the more immediate future, it's also said that SK hynix will start producing wafers for high bandwidth memory (HBM) chips at its new M15X fab in Cheongju, South Korea, next month. HBM ...