SK Hynix and Micron join the  trillion club amid AI boom

SK Hynix and Micron join the $1 trillion club amid AI boom

SK Hynix has topped US$1-trillion in market capitalization for the first time, joining memory rivals Samsung Electronics and Micron Technology in a historic, AI-fuelled semiconductor rally. Shares of SK Hynix jumped 14.9% on Wednesday, pushing the company’s market value to a record ₩1,680-trillion ($1.12-trillion) and cementing South Korea as the first country outside the United…

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RAM price relief? SK Hynix plans -billion Korean fab

RAM price relief? SK Hynix plans $13-billion Korean fab

SK Hynix said on Wednesday that it plans to invest the equivalent of US$12.85-billion (R212-billion) in a new manufacturing plant in South Korea for advanced packaging, to meet rising global demand for AI memory, with construction starting this month. The Nvidia supplier, one of the world’s largest memory chip makers, has been expanding production capacity…

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