SK Hynix CEO says Indiana will be key memory production base by 2030, $4B U.S. manufacturing facility now underway in West Lafayette

  • 8/27/2026

|

CNBC
• Subcategory:
• Additional Filters-Subcategory:

Highlights
Leading high-bandwidth memory maker SK Hynix held a groundbreaking ceremony for its first U.S. facility in Indiana Thursday.
The $4 billion factory will be for packaging instead of front-end manufacturing, despite U.S. pressure to make memory chips domestically.
CEO Kwak Noh-Jung said the facility will make Indiana a “key HBM production base in America” by 2030.

SK Hynix Inc. (Nasdaq: SKHY)
Lee Woong-sun | VP, Manufacturing West Lafayette

Additional Filters

Subcategory
Tags