SK Hynix (OTC:HXSCF) shares soared over 9% on Thursday following the commencement of mass production of their latest high-bandwidth memory chips.
What Happened: The South Korean company has introduced the HBM3E chips, which feature 12 layers and offer 50% more capacity than the previous eight-layer versions.
This development positions SK Hynix ahead in the competitive race to meet the growing demand driven by artificial intelligence advancements.
The company, a primary supplier to NVIDIA Corp (NASDAQ:NVDA), plans to deliver these advanced chips to unnamed customers by the end of the year.
Samsung Electronics (OTC:SSNLF) had previously announced in July that it would supply its HBM3E 12-high units to customers in the latter half of …
Full story available on Benzinga.com
SK Hynix (OTC:HXSCF) shares soared over 9% on Thursday following the commencement of mass production of their latest high-bandwidth memory chips.
What Happened: The South Korean company has introduced the HBM3E chips, which feature 12 layers and offer 50% more capacity than the previous eight-layer versions.
This development positions SK Hynix ahead in the competitive race to meet the growing demand driven by artificial intelligence advancements.
The company, a primary supplier to NVIDIA Corp (NASDAQ:NVDA), plans to deliver these advanced chips to unnamed customers by the end of the year.
Samsung Electronics (OTC:SSNLF) had previously announced in July that it would supply its HBM3E 12-high units to customers in the latter half of …
Full story available on Benzinga.com
SK Hynix (OTC:HXSCF) shares soared over 9% on Thursday following the commencement of mass production of their latest high-bandwidth memory chips.
What Happened: The South Korean company has introduced the HBM3E chips, which feature 12 layers and offer 50% more capacity than the previous eight-layer versions.
This development positions SK Hynix ahead in the competitive race to meet the growing demand driven by artificial intelligence advancements.
The company, a primary supplier to NVIDIA Corp (NASDAQ:NVDA), plans to deliver these advanced chips to unnamed customers by the end of the year.
Samsung Electronics (OTC:SSNLF) had previously announced in July that it would supply its HBM3E 12-high units to customers in the latter half of …Full story available on Benzinga.com Read MoreAsia, HXSCF, Kaustubh Bagalkote, MU, News, NVDA, SK Hynix, SSNLF, Global, Markets, NVDA, US67066G1040, MU, US5951121038, SSNLF, HXSCF, News, Asia, Global, Markets, Benzinga Markets
