US-China Export Controls Threaten SK Hynix’s New York Chip Expansion
Reuters reports that Solidigm’s plan for a US memory-chip factory has hit regulatory hurdles. The project is described as an investment of more than $45 billion.
South Korean chipmaker SK Hynix (SKHY) is facing a major roadblock in its domestic expansion as its U.S.-headquartered subsidiary, Solidigm’s plan to build a memory chip factory in the US has hit regulatory hurdles, Reuters reported.Solidigm has plans to invest upwards of $45 billion to establish t…