What happened
Memory manufacturer SK Hynix is planning a 38 billion dollar buildout connected to Nvidia. SK Hynix produces high-bandwidth memory, which stacks memory chips to speed up data transfer for AI processors. Initial reports offer few additional details on exact locations or start dates.
The context
Advanced AI chips require specialized memory to supply data quickly to processing cores. SK Hynix is a major supplier of this component for Nvidia systems. Large infrastructure spending indicates continued high demand for AI hardware.
Sources
- thestreet.com ↗ via Google News Reported