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US export restrictions on China threaten SK Hynix's plans to build $45 billion worth of chip plants in New York

Two people told Reuters that Solidigm, SK Hynix's US subsidiary, plans to spend about $45 billion on two NAND fabs in Marcy, New York. That figure could grow to about $100 billion over time. The company needs to increase output in Dalian and make more…

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