SK Hynix Stock Soars as Nvidia Seeks Faster Chip Production

Reported 21 days ago

SK Hynix, a partner of Nvidia, experienced a near 6.5% surge in its stock after reports indicated Nvidia's request for expedited supply of next-generation high-bandwidth memory chips. SK Group's chairman stated that Nvidia's CEO appealed for samples of HBM4 chips six months earlier than planned, amidst ongoing struggles to meet chip demand. As both companies collaborate to address supply shortages, SK Hynix continues to report strong performance, solidifying its position in the AI memory market.

Source: YAHOO

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