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...South Korean chipmaker SK Hynix has chosen the state of Indiana for a cutting-edge facility in the US that will give a major boost to the Biden administration’s efforts to bring more of the AI chip supply...
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...Anglo American owns lucrative copper mines in Chile and Peru, and prices for the shiny red metal have been soaring recently....
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...South Korea’s SK Hynix, one of Micron’s main competitors in the memory chip market, said this month it was investing about $4bn in an advanced AI chip packaging plant in Indiana, in partnership with Purdue...
...“The much-discussed lack of mine projects is becoming an increasing issue for copper,” said Michael Widmer, BofA commodity strategist, while “investment in green technologies and a rebound of the global...
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...Samsung, which is building a foundry in Texas, is expected to receive at least $5bn in grants from the US, while domestic rival SK Hynix is investing about $4bn in an advanced AI chip packaging plant in Indiana...
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