Tag: $SK Hynix

SK Hynix rallies 6.5% after Nvidia boss Jensen Huang asks firm to expedite next-generation chip

Shares of SK Hynix rallied 6.5% on Monday after the business announced a next-generation memory chip and the parent company’s chair said that the South Korean semiconductor firm sped up the supply of a key product to Nvidia

Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

South Korea’s SK Hynix, one of the world’s largest memory chipmakers, on Thursday posted record quarterly profit, boosted by strong demand for its high bandwidth memory (HBM) used in generative AI.