SK hynix said Wednesday it plans to put $10 billion behind a new artificial intelligence-focused U.S. company, using its Rancho Cordova-based Solidigm unit as the launchpad. The restructuring turns Solidigm into the core of an AI-centered arm and positions the local campus as a potential hub for system-level AI tooling and investment. For Rancho Cordova, already home to a large Solidigm R&D campus, the move could deepen the city’s footprint in high-paying semiconductor and AI infrastructure jobs.
What SK hynix Says It Will Do
The company plans to create an “AI Company” in the U.S. by reorganizing Solidigm and committing USD 10 billion to that new entity, with the California link and Solidigm’s role in the corporate shakeup detailed by the…..