This article first appeared on GuruFocus.
SK hynix (HXSCF) shares jumped about 7% in Korea on Friday after the chipmaker said it has wrapped up development of HBM4 and is ready to move into mass production. The next-gen high-bandwidth memory is seen as critical for powering AI systems.
The company is already Nvidia’s (NASDAQ:NVDA) top HBM supplier, outpacing Samsung and with Micron a distant rival. Completion of HBM4 development will be a new milestone, said Joohwan Cho, head of HBM Development. He added the chip delivers the performance, efficiency and reliability customers are asking for, and will hit the market on time.
SK hynix said AI is fueling explosive demand for faster data processing. HBM4 doubles bandwidth and delivers 40% better power efficiency than the prior generation. HBM4, a symbolic turning point beyond AI infrastructure limitations, will be a core product for overcoming technological challenges, added Justin Kim, president and head of AI Infra.For investors, it underscores SK hynix’s push to stay out front in the AI memory race.
Disclaimer: This news has been automatically collected from the source link above. Our website does not create, edit, or publish the content. All information, statements, and opinions expressed belong solely to the original publisher. We are not responsible or liable for the accuracy, reliability, or completeness of any news, nor for any statements, views, or claims made in the content. All rights remain with the respective source.