SK Hynix just said they want to double wafer production by 2031.
replyBy 2031 the best employer in Europe will be the water gangs.
replyI mean, I want to double the the number of billions of dollars I have by 2031, doesn't mean I will. (actually I have 0 billion and double 0 billion is still 0 billion, so unlike them I'll accomplish that goal).
replyThey already ordered Hanmi equipment and started construction at Yongin Mega Fab. Sounds pretty serious to me.
replyDoesn’t this presume that chip fabs are betting that the AI boom is a bubble that’s going to pop?
replySeems kinda hard to believe at this point, no?
No. It doesn't have to be a bubble at all. It just has to be a cycle of rapid capital equipment build-out that returns to more normal levels in a few years.
replyHard to believe that an industry making money hand over fist are reluctant to spend tens of billions expanding capacity that won't come online for years?
replyThere have been SEVERAL crashes that have wiped out the market and it's the reason there are so few players, the rest of them went bankrupt after periods of over-expansion. (in the 80s caused by Japan, in 1997, in 2001ish after the dotcom bust)
You're even calling it a bubble so it's not exactly "hard to believe" it will pop.