Markets·October 21, 2026 at 1:44 AM EDT·2 sources
Samsung, SK Hynix upgrading China plants to make more advanced chips, people say: Reuters
SKHY +4.0%
SKHY · last 30 trading days-2.0% since the news
News
What happened
- Samsung and SK Hynix are upgrading their China NAND plants to meet demand linked to artificial intelligence.
- The upgrades aim partly to counter competition from China’s Yangtze Memory Technologies Co., despite U.S. export-control constraints.
Why it matters
The reported upgrades could affect NAND competition, AI-related memory supply and the impact of U.S. export controls on semiconductor manufacturing in China.
Read more on YouBank
The Newsroom, ranked for your desk
About ninety free sources every ten minutes, one story per event, read for you: bankers, investors, operators and students each get their own desk. Free to start.
Timeline
- EarlierOct 19Korea Plans New Samsung, SK Hynix Chip Hub in Gwangju, Risking Trump's Ire
- EarlierOct 20AI Fears Roar Back, Tech Earnings on Deck
- EarlierOct 20Treasuries Rise as Oil Retreats From Highest Levels in Weeks
- First reported by CNBCOct 21Samsung, SK Hynix upgrading China plants to make more advanced chips, people say: Reuters
- Techmeme reportsOct 21Sources: Samsung and SK Hynix are upgrading their China fabs to produce NAND flash chips with 200+ layers, aiming to fend off fast-growing Chinese rival YMTC (Reuters)
Who is involved
Samsung, SK Hynix upgrading China plants to make more advance…SamsungSK HynixSKHYYangtze Memory Technologies Co.
Company
Sources (2)
Related
- Yesterday · Turmoil hits AI buildout as neoclouds face pressure, credit risks mount and Solidigm pulls IPO
- Oct 20 · Treasuries Rise as Oil Retreats From Highest Levels in Weeks
- Oct 23 · Treasuries Surge as Global Worries Spark Rush to Safety
- Oct 22 · SK Hynix Scraps Solidigm US IPO After Shareholder Concerns
- Oct 20 · AI Fears Roar Back, Tech Earnings on Deck
- Oct 19 · Korea Plans New Samsung, SK Hynix Chip Hub in Gwangju, Risking Trump's Ire
Read more on YouBank
The Newsroom, ranked for your desk
About ninety free sources every ten minutes, one story per event, read for you: bankers, investors, operators and students each get their own desk. Free to start.
- Why it matters to youEvery story matched to your watchlist, your contacts and your pipeline.
- Follow developing storiesAn alert, and a push, the moment a story you follow moves.
- Your briefing, read aloudA few minutes each morning with a chapter per story.
- Brief modeSwipe through the day, a 20-second card each.