SK Hynix announces mass production of updated AI chip, spurring rally in Asian semiconductor stocks

  • 📰 CNBC
  • ⏱ Reading Time:
  • 71 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 63%
  • Publisher: 72%

NVIDIA Corp News

Advantest Corp,Tokyo Electron Ltd,Samsung Electronics Co Ltd

The South Korean giant has been a main supplier of the high-bandwidth memory chips catering to AI chipsets for companies like Nvidia.

SK Hynix said it has started mass production of a new version of its high-bandwidth memory chips and aims for delivery by year-end.

The development came as the world's second-largest memory chipmaker seeks to continue its dominance in the AI memory chip market. SK Hynix Inc. signage at the company's office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty ImagesThe product would be the world's first 12-layer version of HBM3E, which refers to the latest generation of an advanced memory chip that's capable of handling high-end generative artificial intelligence work.

SK Hynix said the chip would have a 36 gigabyte capacity, the largest among existing HBM chips. That's a 50% increase in capacity from the company's previous eight-layer chip, whichThe South Korean giant has been a main supplier of the high-bandwidth memory chips catering to AI chipsets for companies likeThe development came as the world's second-largest memory chipmaker seeks to continue its dominance in the AI memory chip market.

HBM is a type of dynamic random access memory, known as DRAM, where chips are vertically stacked to save space and reduce power consumption. SK Hynix,The largest U.S. maker of computer memory chips expects first-quarter profit of $1.74 per share on $8.7 billion in revenue. That beat market projections for profits of $1.65 per share on $8.28 billion in revenue,

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tech stocks in Asia fall amid broad declines in the region after Nvidia resultsLosses were most pronounced in Nvidia's direct suppliers, such as TSMC and SK Hynix
Source: CNBC - 🏆 12. / 72 Read more »

Global tech stocks fall amid broad declines in the region after Nvidia resultsLosses were most pronounced in Nvidia's direct suppliers, such as TSMC and SK Hynix
Source: CNBC - 🏆 12. / 72 Read more »