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SK Hynix Returns to Profit in Q1 on Solid Demand for AI Chips

SK Hynix Returns to Profit in Q1 on Solid Demand for AI Chips
koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.

SK Hynix Reports Strong First Quarter Results, Forecasts Growth Amid Strategic Investments

SK Hynix Reports Strong First Quarter Results, Forecasts Growth Amid Strategic Investments
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SK hynix pledges W20tr to ramp up DRAM production at home

SK hynix, the world's second-largest memory chip maker, said Wednesday it will expand the production capacity of next-generation DRAM, including High Bandwidth Memory, which is critical to generative artificial intelligence tools, in response to rapidly increasing demand for AI chips. The decision came as the board of directors approved the plan during a meeting held later in the day to build the M15X fab in Che.

SK Hynix Plans $15 Billion Chip Expansion to Meet AI Demand

(Bloomberg) SK Hynix Inc. plans to spend about $14.6 billion building a new memory chip complex in South Korea, preparing to meet rapidly growing demand for semiconductors employed in AI development.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Speeds Cheaper EV Plans, Calming Fears Over StrategyBillionaire Pinaults Fight to Pull Gucci Off the Discount RackRay Dalio’s Famous Trade Is Sputt

SK Hynix to invest $3 86B in DRAM production in South Korea

SK hynix says that it plans to expand production capacity of the next-generation DRAM, including HBM, in response to the rapidly increasing demand for AI semiconductors.

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