Investors continue to pursue Asian infrastructure assets including data centers, fiber, and submarine cable firms.
The three-year-old firm is understood to have engaged with investors in Asia and Europe.
SK Hynix shares have surged this year thanks to its deal to supply premium chips to Nvidia.
After a year, the Great Oak neighborhood outside Manassas, Virginia, gets some relief.
The move forms part of a $3.2 billion cloud computing and AI infrastructure investment plan.