SK hynix Starts Work on $4 Billion Indiana HBM Packaging Hub

SK hynix has broken ground on an advanced packaging facility in West Lafayette, Indiana, backed by an investment of more than $4 billion. The company says the site will support next-generation HBM production in the United States and is targeting the second half of 2029 for volume output. The project expands geographic diversity for AI-memory packaging, although its supply effect is several years away.