SK Hynix's AI Memory Chip Orders Almost Fully Booked Till 2025 [BNN Bloomberg (Canada)]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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Source: BNN Bloomberg
The Korean company said in a statement its 2025 production capacity for high-bandwidth memory is almost fully booked, underscoring the global boom in artificial intelligence services. Hynix said last month it plans to spend about $14.6 billion building a new memory chip complex in South Korea, preparing to meet rapidly growing demand for semiconductors that work alongside Nvidia Corp. accelerators in creating and hosting AI platforms. Read More: SK Hynix Plans $15 Billion Chip Expansion to Meet AI Demand ©2024 Bloomberg L.P. FAANG stocks
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