SK Hynix has set up an American AI investment subsidiary named Hyaico, planning to invest up to $10 billion

SK Hynix has established an AI investment subsidiary in the US called Hyaico Corp. Chairman Choi Tae-won of SK Group serves as board chairman, while President Song Hyun-jong is appointed CEO. The company plans to invest up to $10 billion (approximately 66.825 billion RMB) into the US AI sector, which will be formed by restructuring the existing US business unit SK hynix NAND Product Solutions. This initiative aims to accelerate global AI development and identify new growth engines.