SK Hynix Raises $26.5 Billion to Build More Memory Chips for AI

SK Hynix raised $26.5 billion in July 2026 to expand its memory chip factories over five years. The money addresses a shortage of chips that power AI systems, a shortage expected to last through 2030. For companies building AI hardware, what matters most is that Hynix will actually produce the chips, not just the record-breaking fundraising itself.