TECH - Nvidia Supplier SK Hynix to Launch $4B Semiconductor Facility in Indiana Aims to Revitalize US Semiconductor Manufacturing | Benzinga

SK Hynix plans to invest approximately $4 billion to establish an advanced chip-packaging facility in West Lafayette, Indiana, marking a significant step towards bolstering America’s semiconductor industry. This investment aligns with the Biden administration’s goals to reestablish the U.S. as a semiconductor powerhouse. 

Located near Purdue University, known for its extensive semiconductor and microelectronics-engineering programs, the facility will likely generate between 800 – 1,000 jobs, with a combination of state and federal incentives expected to support the project’s financing, the Wall Street Journal Full story available on Benzinga.com