SK Hynix: $38B Investment, Chips by 2028

SK Hynix has approved a massive $38 billion investment. This money will go towards building new memory fabrication plants. However, these new facilities won't start producing chips until December 2028. This long timeline shows a significant long-term expansion plan for the company. The bottom line is that while this is a huge investment, the benefits for chip supply are still several years away.