A major South Korean computer chipmaker, SK Hynix, has announced plans to invest over $3.87 billion in Indiana to establish a semiconductor packaging plant and research and development center. This significant investment is expected to create up to 800 high-wage jobs in engineering, technical support, administration, and maintenance by the end of 2030.
The new campus, to be located at the Purdue Research Park in West Lafayette, will propel Indiana to the forefront of artificial intelligence in the United States, according to Purdue University President Mung Chiang. The 430,000-square-foot facility will focus on producing high-bandwidth memory chips to meet the growing U.S. demand for semiconductors, drive innovation in chip technology, and host an advanced packaging research and development line.
