Micron and SK hynix Commit Billions to Memory Capacity, but Almost Nothing Lands Before 2028
Summary
Two major memory manufacturers commit funds to U.S. memory supply chain and packaging capacity, with most new capacity not landing before 2028. Micron is investing up to $3 billion in domestic manufacturing and wafer supply via a GlobalWafers partnership in Texas, while SK hynix is building a large advanced packaging facility in Indiana, alongside substantial Korean fabs, signaling a shift toward domestic memory capacity but a long lead time for impact.