Memory manufacturers increase capital expenditures in 2024, with SK Hynix and Micron taking significant actions

According to reports, due to the completion of inventory reduction and improved demand, Samsung, SK Hynix and Micron have raised their capital expenditure plans for 2024 from flat to 15% year-on-year. Among them, SK Hynix and Micron's increases are particularly obvious. Industry insiders believe that this change reflects the demand and supply situation in the memory market.