SK Hynix to Launch AI-Focused Company in the U.S. with $10 Billion Investment

TLDR SK Hynix is committing over $10 billion to create a new U.S.-based AI company focused on advancing AI solutions. The new AI company will be formed by restructuring Solidigm, SK Hynix’s subsidiary focused on SSD manufacturing. SK Hynix aims to strengthen its position in AI with expertise in high-bandwidth memory (HBM) chips for AI [...]

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