SK Hynix to buy $8 billion of ASML EUV tools in largest disclosed order

SK Hynix said on Tuesday it will purchase $11.95 trillion won ($7.97 billion) worth of ASML’s EUV lithography tools as ‌it ⁠prepares ⁠for mass production of new products, in the largest single order publicly disclosed by an ASML customer.

In a regulatory filing, Sk ​Hynix said it ⁠would purchase ‌the tools by ​December ​31, 2027. Reuters reported ⁠in January that the firm plans ​to accelerate the opening ​of a new plant in Yongin city to February 2027 to meet rising demand for memory ‌chips.