Investment
Features
FeesSafety
Academy
More
Pluang+

SK Hynix to invest $38.1B in two new memory chip plants amid rising AI demand

Market News
07 Aug 2026
CNBC
View Source
Bullish
pluang ai news

SK Hynix announced a $38.1 billion investment to build two new memory chip manufacturing plants in South Korea, responding to surging demand driven by AI and data center growth. The Yongin plant (Y2) will focus on DRAM production, while the Cheongju plant (M17) will produce NAND memory. Construction starts in 2027, with production beginning by 2028-2029. This move aims to address supply shortages and capitalize on rising memory prices, strengthening SK Hynix's market position.

More News

New report analyzes 1,350+ precision medicine deals from 2019-2026, revealing market trends and deal structures.

New report analyzes 1,350+ precision medicine deals from 2019-2026, revealing market trends and deal structures.

ResearchAndMarkets.com released a comprehensive report covering over 1,350 precision medicine collaboration and licensing deals from 2019 to 2026. The report offers detailed insights into deal structures, financial terms, and partnership strategies, ...

Others
Neutral
42 minutes ago
Investec Bank discloses share dealings for Gooch & Housego on August 6, 2026.

Investec Bank discloses share dealings for Gooch & Housego on August 6, 2026.

Investec Bank plc, acting as advisor and broker for Gooch & Housego plc, disclosed its trading activity on August 6, 2026. The bank purchased 3,348 ordinary shares at a price of 1225 pence each and sold 5,166 shares between 1225 and 1230 pence. There...

Market News
Neutral
44 minutes ago
Global influenza vaccine market to grow to $13.32B by 2030, driven by aging population and vaccine innovations

Global influenza vaccine market to grow to $13.32B by 2030, driven by aging population and vaccine innovations

The global influenza vaccine market, valued at $8.96 billion in 2024, is projected to reach $13.32 billion by 2030 with a 7% annual growth rate. Growth is fueled by rising public health awareness, an expanding elderly population, government immunizat...

Market News
Neutral
44 minutes ago
Software-defined vehicle market to hit $1.7T by 2035, driven by AI, OTA updates, and centralized computing.

Software-defined vehicle market to hit $1.7T by 2035, driven by AI, OTA updates, and centralized computing.

The global software-defined vehicle (SDV) market is forecasted to grow from $447.55 billion in 2026 to $1.7 trillion by 2035, at a 16% CAGR. Growth is fueled by advances in centralized vehicle computing, AI-enabled functions, over-the-air (OTA) updat...

Market News
Bullish
46 minutes ago
Smart TV market to hit $923B by 2035, driven by OTT streaming and AI display tech growth

Smart TV market to hit $923B by 2035, driven by OTT streaming and AI display tech growth

The global smart TV market is projected to grow from $259.51 billion in 2025 to $923.12 billion by 2035, at a CAGR of 13.53%. This growth is fueled by the rise of OTT streaming platforms like Netflix and Disney+, widespread 5G and fiber internet acce...

Market News
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App