SK Hynix builds $720 billion AI memory chip network in South Korea

SK Hynix, a leading global producer of high-bandwidth computer memory used in AI systems, is investing $720 billion to build an extensive network of memory chip factories in South Korea. The construction is taking place in a mountainous region, presenting significant engineering challenges for the massive project.

A video accompanying the report offers an inside look at the buildout, which the company says will become the largest memory factory network in the world once complete. The expansion is driven by surging demand for computer memory needed to power artificial intelligence systems.