Nvidia Supplier SK Hynix Soars 9% As Mass Production Of Advanced HBM3E Chips Begins Amid Burgeoning AI Demand - Micron Technology (NASDAQ:MU), SK Hynix (OTC:HXSCF)
- SK Hynix shares increased by over 9% after announcing mass production of new high-bandwidth memory chips, targeting year-end delivery.
- The new chip provides a capacity of 36 gigabytes, the largest among existing HBM chips.
- SK Hynix's latest-generation HBM3E product features 12 layers and is 50% larger than prior models, emphasizing its role as a key supplier for AI technologies.
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