Disclosed herein are a package substrate and a method of fabricating the same. The package substrate includes a base part that includes a chip, a mold part surrounding the chip, and a connection unit formed inside the mold part to connect the chip to a terminal part formed on the outer surface of the mold part, and a buildup layer that is formed on one surface of the base part on which the terminal part is formed, including the side surfaces of the base part, but includes a circuit layer connected to the terminal part, thereby making it possible to minimize stress applied to chips during a buildup process and easily replace malfunctioning chips.