Solidigm in talks with Commerce Department on $45B US chip plant, Bloomberg reports

SK Hynix's US subsidiary Solidigm is in talks with the Commerce Department to invest $45 billion in a new US chip plant, according to people familiar with the negotiations. Bloomberg reports the plant is dangled partly to win relief from US semiconductor manufacturing export controls so Solidigm can upgrade its China site.

Detected & updated continuously · Source: Nebula