sk hynix committed $38 billion to new chip plants, the ai capex story got a major reaffirmation

like two weeks ago the semiconductor trade was falling apart as tsmc reported 77% earnings growth and fell 4%,soxx had its worst week since 2020 and now Sk hynix committed 54 trillion won ( $38.1 billion) to build two new memory fabs which are yongin y2 for next gen dram including hbm and cheongju m17 for nand flash and fyi this is board approved capital allocation running through 2031. They explicitly said they dont view ai memory demand as a temporary and called it a structural transformation

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