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CNBC

SK Hynix to invest $38 billion building new memory chip plants as demand soars

Friday, August 7, 2026


SK Hynix announced plans to invest 38 billion dollars in constructing new memory chip manufacturing facilities. The company's expansion follows increased demand for memory chips and rising prices attributed to supply shortages. Memory chip prices have risen due to the gap between available supply and market demand.

Original reporting: https://www.cnbc.com/2026/08/07/sk-hynix-memory-chips-ai-prices.html

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