Filing: SK Hynix plans to spend ~$8B on cutting-edge EUV lithography chipmaking tools from ASML through 2027, as it competes with Samsung to supply DRAM and HBM
SK Hynix Inc. plans to spend 11.9 trillion won ($7.9 billion) on cutting-edge extreme ultraviolet lithography chipmaking tools from ASML Holding NV …
The US finalizes a $458M grant for SK Hynix under the CHIPS Act and $500M in loans to build a $3.87B chip packaging facility in Indiana
Mackenzie Hawkins / Bloomberg :
South Korean AI chip makers Rebellions and Sapeon agree to merge; Rebellions has raised $225M+, and Sapeon's shareholders include SK Telecom and SK Hynix
Joyce Lee / Reuters :
The US awards South Korea's SK Hynix an initial $450M in grants and $500M in loans to build an advanced chip packaging facility in Indiana under the CHIPS Act
- Firm to get $450 million Chips Act grant, $500 million loan — Indiana facility focused on advanced packaging, research
SK Hynix plans to invest ~$3.87B in an advanced packaging plant and R&D facility in West Lafayette, Indiana, to produce high bandwidth memory chips from H2 2028
Joyce Lee / Reuters :
Sources: SK Hynix plans to spend ~$4B to build an advanced chip packaging facility in West Lafayette, Indiana; a source says operations could begin in 2028
The South Korean memory chip maker is expected to build an advanced-packaging facility in West Lafayette, creating up to 1,000 jobs.
Kioxia investor SK Hynix isn't agreeing to the Kioxia-Western Digital merger “at this time” due to “the overall impact on the value of the company's investment”
- Its opposition introduces more uncertainty to a landmark deal — Western Digital and Kioxia have talked for years about a combo
Sources: SK Hynix refused to approve the merger of Kioxia and Western Digital, a blow to Bain Capital's ambitions of creating a US-Japan chip company
Financial Times :