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NDTV PROFIT - LATEST · INDIAN ·

Samsung, SK Hynix Reportedly to Invest $1.3 Trillion Over 10 Years

As reported by NDTV Profit - Latest
For Samsung and SK Group, the major investments would reflect mounting demand for AI chips, memory and data center infrastructure, while aligning with President Lee's push to preserve South Korea's technological edge against rivals including the US, China and Taiwan.
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Samsung and SK Hynix are reportedly planning a colossal investment of $1.3 trillion over the next decade. This massive outlay is primarily driven by the escalating demand for AI chips, memory, and data center infrastructure. The move also aligns with South Korea's strategic goal…

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