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Keywords: SK Hynix


Micron shares surge as SK Hynix predicts prolonged memory chip supercycle

Micron Technology's stock jumped in pre-market trading on Wednesday, October 29, following optimistic projections from its competitor SK Hynix regarding a sustained "supercycle" in memory chips driven by rising demand for artificial intelligence (AI). The South Korean memory chipmaker’s......

AI boom drives global memory chip shortage and rising prices

A surge in artificial intelligence (AI) investments has triggered a global shortage of conventional memory chips, disrupting supply chains and driving up prices across the tech industry. The shift to high-bandwidth memory (HBM) chips, critical for AI workloads, has left manufacturers struggling to meet......