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🏭 Washington is ordering memory chipmaking onshore, and the economics don't want to follow

🏭 Washington is ordering memory chipmaking onshore, and the economics don't want to follow

SK Hynix is in early talks with Intel to build memory chips on US soil for the first time, pushed by Commerce Secretary Howard Lutnick's threat of tariffs up to 100% on South Korean and Taiwanese chipmakers that don't expand US production.

Workers in yellow vests and hard hats pose at a construction site with U.S. and South Korean flags, cranes, and excavators.
SK Hynix is reviewing a first U.S. memory fab at Intel's unfinished Ohio campus, a larger step than its Indiana packaging project and still years from production. Source

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