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SK Group Chairman Chey Tae-won on SK Hynix's massive memory expansion — full interview
Posted
August 13, 2026
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August 13, 2026
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32:44Now PlayingSouth Korean memory giant SK Hynix is undergoing the world's largest memory fab buildout, betting $720 billion to triple capacity by 2034, despite the boom-and-bust cycle of the memory industry. SK Hynix's market cap has jumped more than fivefold in the past year and now tops $1 trillion. CNBC's Katie Tarasov sits down with SK Group Chairman Chey Tae-won at SK Group's headquarters in Seoul to ask about the risks he's taking and why he thinks that AI has changed the memory business for good.
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