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SK hynix breaks ground on $4B Purdue Research Park AI-memory plant; project slated to support about 1,000 jobs

Purdue said on Aug. 27, 2026 SK hynix held a ceremonial groundbreaking at Purdue Research Park in West Lafayette for an over $4 billion advanced packaging fabrication and R&D facility for AI memory — the company’s first U.S. high-bandwidth memory production hub — slated to support approximately 1,000 employees when production begins.

BUSINESSINDY BRIEFBy BusinessIndy Editorial StaffAugust 27, 2026 at 11:55 AM EDT

Purdue reported that SK hynix held a ceremonial groundbreaking on Aug. 27, 2026 for an advanced packaging fabrication and R&D facility for AI memory at Purdue Research Park in West Lafayette. The university’s release described the project as an "over $4 billion" investment and SK hynix’s first high-bandwidth memory production hub established in the U.S.

At the ceremony, SK hynix signed a partnership framework with Purdue for research and development collaboration in advanced packaging. Purdue’s release says the company will leverage campus assets such as the Birck Nanotechnology Center and Purdue Research Foundation commercialization capabilities as it recruits talent and advances R&D; the release also states the plant "will support approximately 1,000 employees when production begins."

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