By Arsheeya Bajwa and Joyce Lee
March 26 (Reuters) - South Korean chipmaker SK Hynix
, an Nvidia ( NVDA ) supplier, is planning to invest
roughly $4 billion to build an advanced chip packaging facility
in West Lafayette, Indiana, the Wall Street Journal reported on
Tuesday.
Operations at the facility could begin in 2028, the report
said, citing people familiar with the matter.
SK Hynix is reviewing its plans to set up an advanced
chip packaging investment in the U.S., but has yet to decide, it
said in a statement.
The facility is expected to add 800 to 1,000 new jobs,
according to the report.
SK pledged in 2022 to invest $15 billion in the
semiconductor industry through research and development
programs, materials, and the creation of an advanced packaging
and testing facility in the United States.
This month, the world's second-largest memory chipmaker
began mass production of next-generation high-bandwidth memory
(HBM) chips used in artificial intelligence chipsets, with
sources saying initial shipments will go to Nvidia ( NVDA ).
SK Hynix has been the sole supplier of the version
currently used - the HBM3 - to Nvidia ( NVDA ) which has 80% of the
market for AI chips.