❯ SK hynix’s prospective New York plants face equipment-approval delays affecting its investment plans

New York remains under evaluationReuters, published by The Korea Times, reports discussions about two NAND plants in Marcy, New York, through SK hynix subsidiary Solidigm, with approximately $45 billion in initial investment. Solidigm’s public statement says it is evaluating locations worldwide and has made no decision on a specific course.

Existing production supports future financingSources say the company seeks higher Dalian output to generate revenue for U.S. expansion, but licenses for American equipment needed to expand the plant remain unapproved and negotiations continue. NAND retains data without power and supplies SSDs and data-center storage, a different function from AI-processing GPUs or high-bandwidth working memory.

Several conditions shape expansionThe New York scale, location and schedule remain under discussion. A potential eventual investment of approximately $100 billion is also a planning scenario. Revenue and upgrades at existing plants connect with financing for new facilities, making additional storage capacity dependent on equipment, funding and final investment decisions.

▮ SIGNALStorage expansion links existing cash flow, equipment delivery and new investment, with several execution steps between a proposed budget and operating capacity.