South Korean President Lee Jae Myung announced a $576 billion investment led by SK Hynix and Samsung to bolster chip production and shore up AI supply chains. Micron also committed up to $3 billion to strengthen the US semiconductor supply chain, with plans to boost production in Singapore, Taiwan, and Japan. New memory fabs will take at least three years to come online and longer to ramp production, ensuring high memory prices until at least 2028.
Memory prices will remain elevated through 2028 due to long fab construction lead times, increasing infrastructure costs for AI startups.