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

SK Hynix on Friday said it will invest 54 trillion Korean won ($38.1 billion) to build two new memory chip manufacturing plants. Memory prices have surged because of short supply and huge demand with investors watching closely for any changes to the supply-demand imbalance.

Related Symbols 1

S SKHY SKHY

Source: CNBC

Visit Source

0 0 0

Comment

Important Notice: More than 48 hours have passed since this news or analysis was published. Due to the volatility of financial markets, some of the information or data presented may no longer be valid or reflect current market conditions. Please verify the information again before making any trading or investment decisions.

Comments

No comments yet

Be the first person to comment on this news item.

Category Stock

Source CNBC

Published 1 month ago

Likes 0

Comments 0

Shares 0

News ID #2,843

Status Published

This news may have been collected automatically from third-party sources. Please verify important information through the original source and other reliable sources before making any trading or investment decision. This content is provided for informational purposes only and does not constitute financial advice.

Keep comments relevant to the news topic and avoid offensive, promotional, spam, or misleading content.