Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Illustration of the SK Hynix Company logo seen displayed on a smartphone screen.
Sopa images | Lightrocket | Getty images
SK Hynix’s actions in South Korea extended gains to reach a summit of more than 2 decades on Tuesday, following reports this weekend that the SK group plans to build the largest IA data center in the country.
The SK Hynix shares, which have jumped almost 50% so far this year at the rear of an AI boom, increased by almost 3%, following gains on Monday.
The company’s parent, SK Group, plans to build the AI data center in partnership with Amazon Web Services in Ulsan, according to domestic media. SK Telecom and SK Broadband would direct the initiative, with the support of other affiliates, including SK Hynix.
SK HYNIX is a leading provider of dynamic random access memory or DRAM – a type of semiconductor memory found on PCs, workstations and servers that are used to store data and program code.
The company’s rival of the company, Samsung, also traded on Tuesday 4%. However, its growth has lagged behind that of SK Hynix.
Friday, the market capitalization of Samsung Electronics would have It is slipped to a hollow of 9 years of 345.1 Billions of Won ($ 252 billion) while the flea manufacturer has trouble capitalizing on the request led by AI.
SK Hynix, on the other hand, has become a leader in high bandwidth memory – a type of dram used in artificial intelligence servers – providing customers such as the NVIDIA AI giant.
A report De Counterpoint Research in April, said that SK Hynix had captured 70% of the HBM market by share of income in the first quarter.
This HBM force helped him go beyond Samsung on the Global Dram market for the first time, with a global market share of 36% compared to 34% of Samsung.
