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This week, SK Hynix plans to invest approximately $51.46 billion to build a new NAND memory chip plant in Cheongju, the capital of South Korea’s North Chungcheong Province.
On Saturday, Micron Technology officially kicked off its expansion project at its factory in Hiroshima in western Japan, with a total investment of approximately $9.3 billion.
Both Hynix and Micron are ramping up production—how should we interpret this, stock market gods?