SK Hynix board approves $38 billion investments for South Korea's Yongin, Cheongju chip plants
The company said Yongin's "Y2 fab" is the second of four fabrication plants planned for the cluster and will serve as a production base for dynamic random access memory (DRAM) chips. DRAM, which temporarily stores data for processors, is a critical component in the servers powering the AI boom.
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