SK hynix is increasing its investment in the Cheongju AI memory packaging facility to ₩7.09 trillion. The company's board approved the revised budget on July 22, 2026. This expansion aims to accelerate the cleanroom opening schedule to meet rising production needs for AI semiconductors.
Separately, SK hynix formally denied reports of a potential acquisition of Intel’s Ohio semiconductor campus. The company issued a regulatory filing stating it has not pursued or made any determination on the site. This statement follows a report from the Korea Joongang Daily and ends speculation regarding that specific US expansion.