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SK Hynix Plans $14.6 Billion Chip Expansion to Meet AI Demand [BNN Bloomberg (Canada)]

NVIDIA Corporation (NVDA)  More Company Research Source: BNN Bloomberg
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The Korean company will set aside an initial 5.3 trillion won to begin construction of a new factory or fab towards the end of April, aiming for completion by November 2025. The total investment in the site will surpass 20 trillion won as SK Hynix builds it out over the long term, it said in a statement. SK Hynix, which reports quarterly results Thursday, is racing to supply a type of advanced chip called high-bandwidth memory tailored for AI. It's built up a lead over rival Samsung Electronics Co. for so-called HBM chips, which work well with accelerators supplied by Nvidia Corp. ©2024 Bloomberg L.P. [Read more]
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Stockreport

SK Hynix Plans $14.6 Billion Chip Expansion to Meet AI Demand [BNN Bloomberg (Canada)]

NVIDIA Corporation  (NVDA) 
More Company Research Source: BNN Bloomberg
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The Korean company will set aside an initial 5.3 trillion won to begin construction of a new factory or fab towards the end of April, aiming for completion by November 2025. The total investment in the site will surpass 20 trillion won as SK Hynix builds it out over the long term, it said in a statement. SK Hynix, which reports quarterly results Thursday, is racing to supply a type of advanced chip called high-bandwidth memory tailored for AI. It's built up a lead over rival Samsung Electronics Co. for so-called HBM chips, which work well with accelerators supplied by Nvidia Corp. ©2024 Bloomberg L.P. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS