SK Hynix Favors Indiana Over Arizona for $15 Billion Chip Site
- South Korean chipmaker set to announce packaging facility
- Project will help clear US chip supply chain bottleneck
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South Korean chipmaker SK Hynix Inc. is poised to choose Indiana over Arizona for its first major US investment, a $15 billion advanced packaging facility that would mark a win for the Midwest and for US efforts to build a full semiconductor supply chain.
The firm first announced the project in 2022 and originally intended to select a site within the first half of 2023. SK Hynix is slated to pick Indiana but still has Arizona as a second choice, according to people familiar with the matter who asked not to be named discussing confidential conversations.