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Commerce Secretary Lutnick Urges Samsung, SK Hynix to Expand US Memory Output

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2026-07-09 20:29:05
Commerce Secretary Howard Lutnick called on Samsung Electronics Co. and SK Hynix Inc. to step up efforts to expand memory chip production in the US, Bloomberg reported.

Lutnick said boosting US output would help address a global shortage of components critical to the development of artificial intelligence.
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