SK Hynix expects AI memory market to grow 30% a year to 2030

SK Hynix expects AI memory market to grow 30% a year to 2030

South Korea’s SK Hynix forecasts that the market for a specialised form of memory chip designed for artificial intelligence will grow 30% a year until 2030, a senior executive said.

SK Hynix Sees AI Driving 30% Annual Growth in Memory Chips

South Korea’s SK Hynix forecasts that the market for a specialized form of memory chip designed for artificial intelligence will grow 30% a year until 2030. A senior Hynix executive interviewed by Reuters gave that upbeat projection for global growth in high-bandwidth memory (HBM) chips used in AI, and brushed off concern over rising price pressures in a sector that for decades has been treated like commodities such as oil or coal. “AI demand fr…

SK Hynix Says AI Memory Is the Future

SK Hynix projects annual growth of 30 percent in the high-bandwidth memory (HBM) market through 2030.  The estimate is a direct result of strong demand from AI applications. Major technology companies, including Amazon, Microsoft, and Google, are notable key investors in AI. This investment directly increases the need for faster and more efficient AI memory.  […] The post SK Hynix Says AI Memory Is the Future appeared first on AutoGPT.

SK Hynix expects yearly AI memory sales to rise 30% through 2030

South Korea’s SK Hynix expects the market for high-bandwidth memory (HBM) chips used in artificial intelligence to grow 30% annually until 2030, as cloud computing giants keep increasing their demand for AI. The company noted that Amazon, Microsoft, and Google will likely spend even more on AI in the coming years, which will help boost demand for HBM chips. SK Hynix sees chip demand rising as AI use grows SK Hynix’s head of HBM business planning…

SK hynix expects AI memory market to grow 30% a year to 2030

Korea's SK hynix forecasts that the market for a specialized form of memory chip designed for artificial intelligence will grow 30 percent a year until 2030, a senior executive said in an interview with Reuters.