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SK Hynix to build advanced plant in Indiana in boost to US chip self-sufficiency

South Korean company’s memory chips will be packaged with Nvidia processors to create more powerful AI products

South Korean chipmaker SK Hynix has chosen the state of Indiana for a cutting-edge facility in the US that will give a major boost to the Biden administration’s efforts to bring more of the AI chip supply chain on to home soil.

SK Hynix is the world’s leading producer of high-bandwidth memory chips, crucial components in Silicon Valley giant Nvidia’s graphics processing units, which are used to train systems such as Open AI’s ChatGPT.

SK’s new packaging plant in Indiana will specialise in stacking standard dynamic random access memory chips to create HBM ones, before they are integrated with Nvidia’s GPUs, according to two people briefed on the company’s plans.

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