SK hynix to set up US-based AI solutions unit with $10 billion commitment

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SK hynix to set up US-based AI solutions unit with $10 billion commitment

The South Korean memory maker plans to restructure its SSD manufacturing subsidiary Solidigm to create a new AI-focused arm funded through capital calls.

By Khamila Mulia

Editor APAC, The Tech Capital

3 Mins

SK hynix to set up US-based AI solutions unit with $10 billion commitment

Photo: SK Hynix.

South Korean semiconductor maker SK hynix said it plans to set up a US-based AI solutions company, provisionally called AI Company (AI Co.), as it looks for new growth in AI.