Chey Tae-won, president of SK Group, during the SK AI Summit successful Seoul, South Korea, connected Monday, Nov. 4, 2024. SK Hynix is moving with Nvidia to resoluteness the proviso bottleneck, Chey said.
Jean Chung | Bloomberg | Getty Images
Shares of SK Hynix rallied 6.5% connected Monday aft the concern announced a next-generation representation spot and the genitor company's seat said that the South Korean semiconductor steadfast sped up the proviso of a cardinal merchandise to Nvidia.
Speaking astatine the company's lawsuit connected Monday, Chey Tae-won, seat of SK Group, ran done an anecdote successful which helium said Nvidia CEO Jensen Huang asked him if SK Hynix could determination the proviso of high-bandwidth representation (HBM) chips called HBM4 guardant by six months. SK Hynix's CEO astatine the clip said it was imaginable to bash so, according to Chey.
It's unclear if this volition displacement SK Hynix's accumulation timeline from the previously-announced second-half of 2025.
High-bandwidth representation is simply a cardinal constituent of Nvidia's chips, which are successful crook utilized to bid immense artificial quality models. Tech giants astir the satellite person been snapping up Nvidia chips successful a bid to nutrient the astir almighty models and applications.
SK Hynix is simply a cardinal supplier to Nvidia, and the immense request for the American company's products has helped the South Korean steadfast to execute rapid maturation this twelvemonth and grounds profits.
SK Hynix shares are up astir 36% this year.
On Monday, the institution besides announced a caller merchandise that helped enactment its stock terms rally. Samples of the spot — a 16-layer HBM — volition beryllium provided to customers successful aboriginal 2025, SK Hynix said.
HBM is simply a benignant of dynamic random entree memory, known arsenic DRAM, wherever chips are vertically stacked to prevention abstraction and trim powerfulness consumption. Adding much layers to a HBM will, successful theory, springiness it much capableness to grip analyzable AI applications.
The assertive roadmap from SK Hynix comes arsenic its closest rival Samsung, which has fallen down successful HBM, tries to signifier a comeback and get its astir precocious chips certified for usage by Nvidia.
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