SK Hynix Shares Surge as Production of Advanced HBM Chips Commences

Reported 12 days ago

SK Hynix's shares surged over 9% following the start of mass production of its latest high-bandwidth memory chip, HBM3E, which boasts greater capacity than its predecessors. This advancement positions SK Hynix favorably amidst escalating demand from the AI industry, outperforming Samsung Electronics in the stock market. The company plans to deliver its new products to various clients by year-end, intensifying competition in the HBM chip sector critical for AI processing.

Source: YAHOO

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