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What milestone will SK Hynix achieve for the Indiana chip facility by December 31, 2025?
2
Resolution / Starting Odds
Groundbreaking only • 25%
Structural completion • 25%
Facility operational • 25%
No significant progress • 25%
Official announcements from SK Hynix or the U.S. Commerce Department
Story
U.S. to Award SK Hynix Initial $450M in Grants, $500M in Loans for Chip Facility
Aug 6, 2024, 09:28 AM
The U.S. Commerce Department announced plans to award South Korea's SK Hynix an initial $450 million in grants and $500 million in loans to build an advanced chip packaging and research facility in Indiana. This initiative is part of the U.S. CHIPS Act, aimed at bolstering domestic semiconductor manufacturing and research capabilities.
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Production Start • 25%
Achieves 50% Production Capacity • 25%
Achieves Full Production Capacity • 25%
No Milestone Reached • 25%
Initial construction completed • 33%
First production output • 33%
Secured major European client • 34%
Yes • 50%
No • 50%
Increase by less than 20% • 25%
Increase by 20% to 40% • 25%
Increase by 40% to 60% • 25%
Increase by more than 60% • 25%
Mass production of new chip technology • 25%
Significant export growth • 25%
Major international partnership • 25%
Other • 25%