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flag SK Hynix to invest $12.9B in new HBM chip facility in South Korea, launching April 2026.

flag SK Hynix plans to invest $12.9 billion (19 trillion won) in a new advanced chip packaging and testing facility in Cheongju, South Korea, with construction starting in April 2026 and completion expected by late 2027. flag The project aims to boost production of high-bandwidth memory (HBM) chips, critical for AI systems, as global demand surges. flag The facility will integrate packaging and testing with existing wafer fabrication, enhancing efficiency and supporting rising AI-driven demand. flag SK Hynix, the top HBM supplier to Nvidia with a 61% market share in 2025, expects the investment to strengthen its position amid a projected 33% annual growth in the HBM market through 2030.

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