U.S. Commerce Secretary Pressures Samsung and SK Hynix to Build AI Memory Fabs in the U.S.
U.S. Commerce Secretary Howard Lutnick has urged South Korean semiconductor companies Samsung Electronics (005930.KS) and SK Hynix Inc. (SKHY, SKHYV) to build artificial intelligence memory fabrication plants within the United States. Speaking at a Micron Technology event, he emphasized that strengthening America's domestic supply chain is critical for national interests despite potential tensions with U.S.-based competitors like Micron.
Topics: AI hardware semiconductors supply chain security U.S. manufacturing