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South Korean chipmaker SK Hynix Inc has said that it will invest an estimated $3.87 billion in an artificial intelligence (AI) facility in the United States. The company said it plans to build an advanced packaging fabrication and research and development (R&D) facility for AI products in West Lafayette, Indiana. The project is expected to drive innovation in the nation’s AI supply chain, while bringing more than a thousand new jobs to the region. SK Hynix said its new facility will be home to an advanced semiconductor production line that will mass-produce next-generation High-Bandwidth Memor…

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