SK Hynix has signed a lease for approximately 5,500 square feet at City Center Bellevue in Washington state, positioning the South Korean memory chipmaker closer to its key artificial intelligence customers.
The office at 500 108th Avenue NE places SK Hynix in the heart of what has become an AI technology hub, with Amazon and Microsoft headquarters nearby and Nvidia expanding its regional presence, the Puget Sound Business Journal reported. The expanded space represents an upgrade from the company’s existing Seattle-area location.
The move comes as SK Hynix deepens its reliance on a small group of hyperscale customers for its high-bandwidth memory chips. Nvidia alone accounted for roughly ₩10.9 trillion ($7.4 billion), or 27% of SK Hynix’s revenue in the first half of 2025, according to Yonhap News. The company holds about 52% of the global HBM market.
Physical proximity could prove valuable as competition for next-generation memory contracts intensifies. SK Hynix is currently supplying HBM4 samples to Nvidia for its upcoming Rubin AI accelerator, with contract negotiations expected to conclude in early 2026. Rival Samsung has reportedly closed the gap on its own HBM4 development.
The Bellevue office complements SK Hynix’s $3.87 billion advanced packaging facility under construction in West Lafayette, Indiana, slated for production in late 2028. Whether a modest satellite office translates into meaningful commercial advantages remains to be seen.
