On September 18, SK hynix rose 3.02% in regular trading, trading at $188.608/share, with turnover of $2.78 billion. The stock extended its multi-day rally as the company unveiled a series of strategic initiatives spanning manufacturing expansion and AI ecosystem investment.

On the news front, SK hynix subsidiary Solidigm is reportedly considering building its first NAND flash memory production facility in the eastern United States. Solidigm, established after SK hynix acquired Intel's NAND business in 2021, currently operates a factory in Dalian, China, but only maintains headquarters and R&D centers in the US. The company stated it is studying various options to enhance competitiveness but has not confirmed any specific plans. Separately, SK hynix disclosed it is evaluating additional production bases including a potential factory in Japan, though no final decision has been made.

Adding to the momentum, SK hynix launched its corporate venture capital brand, SK hynix Ventures, in Silicon Valley, targeting investments across AI computing, data centers, system software, and optical interconnect technologies. Since establishing its CVC arm in 2015, the company has achieved cumulative investment returns exceeding two times. These developments follow earlier reports of SK hynix negotiating with Intel to potentially lease Ohio-based facilities or form a joint venture with a major cloud company for US-based memory chip production.

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