SK hynix - Asia Tech Wire

SK hynix

2024.12.19

21:22

SK Hynix receives $458 million in U.S. chip subsidies

On December 19, local time, the U.S. Department of Commerce confirmed the Chips and Science Act incentives for South Korean chipmaker SK Hynix, which will provide it with a direct subsidy of $458 million. According to reports, the funds are intended to support SK Hynix's new artificial intelligence chip advanced packaging production base in Indiana. As a supplier of Nvidia, SK Hynix announced in April that it would spend $3.87 billion to build a chip packaging plant suitable for AI in Indiana. In addition to the subsidies, the U.S. Department of Commerce also plans to provide SK Hynix with a government loan of up to $500 million for the project.

2024.12.18

15:18

SK Hynix develops high-capacity SSD for AI data centers

SK Hynix announced that it has developed a high-capacity solid state drive (SSD) product "PS1012 U.2" suitable for AI data centers. The company plans to provide samples to global server manufacturers for product evaluation this year and plans to expand the product range to 122TB in the third quarter of next year.

2024.12.05

14:52

SK Hynix establishes new AI chip development and mass production department

South Korean memory chip giant SK Hynix said on Thursday that in order to consolidate its leadership in the field of artificial intelligence (AI) memory, it has set up two new departments dedicated to the development and mass production of next-generation artificial intelligence (AI) chips in its annual organizational adjustment. The newly appointed chief development officer (CDO) and chief production officer (CPO) will lead the new departments together with the existing three executives in charge of marketing, technology, and corporate center operations. (Cai Lianshe)

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