# Samsung and SK Hynix plan $590 billion chip investment as AI demand sends memory prices soaring

> Samsung and SK Hynix plan $590 billion chip investment as AI demand sends memory prices soaring Samsung and SK Hynix, backed by the South Korean government, plan to pour $590 billion into expanding chip production.

- **Source:** [The-decoder](https://the-decoder.com/samsung-and-sk-hynix-plan-590-billion-chip-investment-as-ai-demand-sends-memory-prices-soaring/?utm_source=gearopen.com&utm_medium=referral&utm_campaign=feed&utm_content=6a4238e0c511b0cc46823440)
- **Published:** 2026-06-29
- **Category:** AI & Bots
- **Tags:** #apple #samsung #ai
- **Canonical:** http://localhost:4321/a/6a4238e0c511b0cc46823440

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_GearOpen's distilled summary. The full original article is published at The-decoder (source link above); GearOpen does not republish the source's full text._