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SK Hynix Stock Soars to Record High on Next-Gen AI Chip Breakthrough
SK Hynix Stock Soars to Record High on Next-Gen AI Chip Breakthrough
23
2
BTCCSquare news:
SK Hynix, a key supplier to Nvidia, saw its shares surge nearly 7% to an all-time high on the Korea Stock Exchange after announcing production readiness for its next-generation HBM4 memory chips. The milestone underscores the semiconductor industry's relentless push to meet booming AI demand, with the stock now up over 90% year-to-date.
The new HBM4 technology promises unprecedented data transfer speeds and capacity for AI systems, positioning SK Hynix as a full-spectrum AI memory provider. Market Optimism continues to build around chipmakers benefiting from the AI infrastructure boom, with Nvidia's supply chain partners particularly well-positioned.
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