SK Hynix just raised $26.5 billion in its IPO and is already pouring it into next-gen chip factories, specifically buying rare EUV machines from ASML—the only company that makes them. This massive investment is all about fueling AI’s hunger for advanced memory chips, turning SK Hynix into a manufacturing powerhouse and handing ASML a massive, multi-year revenue boost. While AI chip designers get the spotlight, the real winners might be the unsung toolmakers building the infrastructure behind the boom.
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