SK Hynix shores up $458M in U.S. CHIPs Act funding
Nvidia (NVDA) supplier SK Hynix (OTCPK:HXSCF) has won up to $458M in direct funding as part of the U.S. CHIPs Act to build a robust and resilient AI semiconductor supply chain in the U.S. The award comes after the previously signed preliminary memorandum ...
US awards $458m to SK Hynix for chip packaging plant
"US awards $458m to SK Hynix for chip packaging plant" was originally created and published by Verdict, a GlobalData owned brand.
Commerce Dept Awards $458M for SK Hynix’s Indiana Chip Plant
Read about the $458M federal funding support for South Korean company SK Hynix’s upcoming advanced memory packaging plant in Indiana.
US finalizes $458 million award to SK Hynix for US chips packaging facility
The U.S. Commerce Department on Thursday finalized an award to SK Hynix of up to $458 million in government grants to help fund an advanced chip packaging plant and research and development facility for artificial intelligence products in Indiana.
SK hynix to get $458 mn funding for US chip facilities
President Joe Biden's administration has finalized an award of up to $458 million for SK hynix, officials said Thursday, furthering efforts to lock in his legacy in boosting US semiconductor production before Donald Trump takes office.
SK hynix secures $458m subsidy for US advanced chip packaging facility
SK hynix, the world’s second-largest memory chip maker, has finalized a deal with the US government to secure direct funding of up to $458 million for building its advanced chip packaging plant in the US,
SK hynix receives $458 million of CHIPS Incentives Award for AI semiconductor facility and R&D center at Purdue Research Park
Purdue President Mung Chaing announced the historic $3.7 billion SK hynix partnership in April. The U.S. Department of Commerce announced $458 million in funding through the CHIPS Act for the
SK Hynix Completes Deal for $958 Million in US Chips Grant, Loan
The Biden administration has cemented a deal to give SK Hynix Inc. as much as $458 million in grants and $500 million in loans to support an advanced chip packaging facility in Indiana, a key part of US efforts to build a domestic semiconductor supply chain.
SK Hynix finalizes $958 million US chips subsidy deal
The United States has finalized a deal to give South Korean chipmaker SK Hynix up to $458 million in grants and $500 million in loans to build an advanced chip packaging facility in Indiana. The combined grant and loan subsidy package amounts to $958 million.
SK Hynix lands US$458 million CHIPS Act grant
The US Department of Commerce has awarded SK Hynix a grant of up to US$458 million under the CHIPS and Science Act (CHIPS Act), supporting the company's efforts to strengthen the AI supply chain in the US.
SK Hynix Wins $458M Funding to Power Indiana AI Chip Plant, Bolster US Semiconductor Sector
SK Hynix has secured a $458 million grant from the U.S. Commerce Department to fund an AI chip packaging plant in Indiana. The facility will produce next-generation memory chips for AI systems, filling a crucial gap in
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SK Hynix Secures $458 Million Grant for US Semiconductor Project
The U.S. Commerce Department announced on Thursday it has finalized an award of up to $458 million in grants for SK Hynix to ...
Digi Times11h
Micron forecasts slump in general-purpose memory, casting doubts on Samsung, SK Hynix
Micron has released its first-quarter fiscal 2025 (1QFY25, ending November 28, 2024) financial results, highlighting strong ...
Earnings Forecasts Of Samsung, SK Hynix For Q4 Downgraded
( MENAFN - IANS) Seoul, Dec 22 (IANS) earnings forecasts for South Korea's two largest chipmakers, Samsung Electronics and SK ...
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SK Telecom to Unveil Cutting-Edge AI Capabilities at CES 2025
The core material of this SK Group exhibition hall is the AI data center. At the 'SK AI Summit' held last month, SKT ...
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SK Hynix unveils 61TB SSD, challenging Samsung in AI data center market
Amid surging AI demand, SK Hynix has unveiled a 61TB SSD tailored for AI data centers, marking a significant leap in the ...