Samsung and SK Hynix are pulling a chip-plant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle that has drawn money away from crypto all year. South Korea’s Samsung Electronics and SK Hynix plan to invest about $518 billion in four new chip plants to double national DRAM output within five years, accelerating their timeline by roughly a decade to meet surging AI demand. The two companies dominate the high-bandwidth memory market th…
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