SemiconductorsSK Hynix, Samsung aim to tap AI boom, but cyclical nature of memory market has some worriedSamsung Electronics' chip production plant at Pyeongtaek, South Korea. Samsung and SK Hynix are involved in a plan to build a new chip production hub in the country's southwest. © Samsung Electronics/ReutersSTEVEN BOROWIECJuly 8, 2026 15:00 JSTSEOUL -- South Korea's "unprecedented" vision for a new chip production hub involving Samsung Electronics and SK Hynix is facing questions over how it will mesh with the cyclical nature of the memory chip sector, even as the AI-fueled supply crunch shows little sign of easing.