SK Hynix Places $8 Billion Order for ASML EUV Tools to Boost Memory Chip Production

SK Hynix Places $8 Billion Order for ASML EUV Tools to Boost Memory Chip Production

Overview of the Order

SK Hynix has revealed plans to acquire EUV lithography tools from ASML, with an investment totaling approximately $7.97 billion (11.95 trillion won). This purchase is noted as the largest single order ever disclosed by an ASML customer.

Timeline for Acquisition

The company stated in a regulatory filing that the acquisition of these tools is expected to be completed by December 31, 2027.

Expansion Plans

In addition to the equipment purchase, SK Hynix is also accelerating the launch of a new manufacturing facility in Yongin city. The opening is now scheduled for February 2027, a move aimed at addressing the increasing demand for memory chips.

Market Context

ASML, a key player in the semiconductor equipment market, has reported a significant order backlog, amounting to 38.8 billion euros as of the end of 2025. However, an ASML representative stated that the company cannot comment on specific customer business strategies.

Conclusion

This strategic investment by SK Hynix highlights the company's commitment to enhancing its production capabilities in response to the growing market for memory chips.