SK Hynix CEO says Indiana will be key memory production base by 2030, first U.S. facility now underway

SK Hynix held a groundbreaking for its first U.S. facility in Indiana, a $4B investment focused on advanced packaging (not front-end DRAM chip manufacturing). The project proceeds despite U.S. pressure to expand domestic memory chip production, underscoring ongoing supply-chain reshoring constraints while still supporting capacity for key memory processes.