SK Hynix plans to establish an AI investment platform in the United States, integrating the group's 10 trillion won overseas assets.
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South Korean memory chip giant SK Hynix plans to establish a dedicated artificial intelligence investment division in the United States to centrally manage the SK Group's scattered AI-related investments.
On Tuesday local time, Bloomberg, citing South Korea's "Maeil Business Newspaper," reported that the move aims to accelerate investment decision-making and enhance professional capabilities. The new division is expected to take over around 10 trillion won in AI-related overseas investment assets from the group.
The new company will gradually take over AI-related overseas investment assets currently held by various SK Group affiliates. The first batch of assets is expected to include shares in the U.S.-based small modular reactor company TerraPower held by SK Inc. and SK Innovation.
Integrating Scattered Investments to Improve Efficiency, First Batch Includes Nuclear Energy Projects
It is reported that the core goal of SK Hynix's new U.S. division is to integrate previous AI investments carried out separately by different group affiliates. Insiders revealed that this adjustment aims to speed up decision-making and strengthen investment expertise.
The new company is expected to gradually take over approximately 10 trillion won in AI-related overseas investment assets currently held by SK Group affiliates. This integration initiative will enable the group to manage its AI investment portfolio more uniformly, avoiding resource dispersion and duplicate investments.
The initial assets expected to be managed by the new division include shares in the U.S. small modular reactor company TerraPower held by SK Inc. and SK Innovation. This shows that SK Group has expanded the scope of AI investment into the energy sector supporting AI infrastructure, reflecting the importance placed on energy supply behind AI computing power demand. SK Hynix will soon hold a board meeting to discuss the agenda of establishing the new investment division.
In response to related reports, SK Hynix stated that it is considering various options, including the establishment of an artificial intelligence investment division. This response indicates that the company has an open attitude toward AI investment integration, but specific plans have not yet been finalized.
As a global leader in memory chip manufacturing, SK Hynix occupies an important position in the AI chip sector, with its high-bandwidth memory (HBM) products serving as key components for AI servers. Establishing a dedicated AI investment division will help the company make a more systematic layout across the industry chain.
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