Market Chatter: SK Group Eyes AI Data Center in Japan by 2028-2029

MT Newswires Live06-12 08:09

SK Group (KRX:000660) plans to build an "AI Factory" data center combining SK Hynix's HBM and Nvidia's GPUs in Japan, targeting operations between 2028 and 2029, Chairman Chey Tae-won said in an interview with Nihon Keizai Shimbun.

Tae-won emphasized that Japan's need is for AI infrastructure rather than semiconductor factories, noting the country's well-established ecosystem of equipment and materials companies, the news channel reported.

SK is currently identifying Japanese sites that can secure gigawatt-class power capacity and land, with ongoing discussions with local partners, the news agency cited Chey.

Chey, in the interview, said amid the global semiconductor shortage, future semiconductor factories may be built outside South Korea, with Japan as a "very excellent candidate site".

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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