SK Hynix is speeding up the opening of a new factory to address the global memory chip shortage, with plans to begin operating another new plant in February. The South Korean chipmaker’s decision is driven by surging demand for AI infrastructure, with the first factory in Yongin set to open three months early in February 2027. SK Hynix will also deploy silicon wafers into a new fab in Cheongju to produce high-bandwidth memory chips used in AI applications. The company’s investment in its Semiconductor Cluster aims to meet customer demand and support long-term supply agreements amidst a booming memory chip market.

Read more at Yahoo Finance: Exclusive-SK Hynix speeds up new chip fab opening to meet memory demand, executive says