Solidigm, SK hynix's NAND subsidiary, is planning its first U.S. production facility on the East Coast to meet surging AI infrastructure demand, particularly for high-capacity NAND chips used in AI servers. The move aligns with SK Group's broader U.S. expansion strategy and will depend on long-term customer agreements with major tech companies.
Solidigm, SK hynix's NAND subsidiary, is reviewing construction of its first U.S. NAND production facility on the East Coast to meet surging AI infrastructure demand. The move aligns with SK Group's broader U.S. investment expansion and follows the company's 2021 acquisition of Intel's NAND business for $9 billion.
SK Group Chairman Chey Tae-won has ordered vice chairmen to conduct one-on-one interviews with all roughly 250 SK Hynix executives, the first such comprehensive review in 14 years. The effort aims to diagnose management issues and establish SK Hynix as a premier company valued at 2,000 trillion won, reflecting Chey's commitment to making the chipmaker the group's flagship as it focuses on AI and semiconductors.