SK Hynix Sells Out 2024 High-End Chip Production Amid AI Boom
May 5, 2024![SK Hynix Sells Out 2024 High-End Chip Production Amid AI Boom](https://cdn.brief.news/images/stories/53acbb577fc23408526e8bccb37bcf0313c5da7e67c19ada6cd73e6fec5719d3e38077d9c0843c7e6671f1e39993c076669579aa9cac1234c35c0e190701f15e.jpg)
SK Hynix has pre-sold its entire 2024 high-end memory chip production, with a significant portion of its 2025 output already allocated.
The company has a commanding presence in the high-bandwidth memory (HBM) market, which is in high demand by AI hardware manufacturers like Nvidia.
AI hardware components are projected to constitute 61 percent of SK Hynix's chip production by next year, a dramatic increase from 5 percent in 2023.
SK Hynix is set to begin mass production of fifth-generation HBM chips in Q3, following a partnership with TSMC.
Initial production of the new 12-stack HBM3E chips for Nvidia will commence with samples this month, escalating to full-scale production in Q3.
The company is investing KRW50 trillion in expanding local production and establishing a new packaging plant in the US.
SK Hynix maintains a strong position in the Chinese market, especially within the mobile and PC sectors.
Micron Technology, also a supplier to Nvidia, has sold out its 2024 HBM supply and has allocated much of its 2025 production.
Summary based on 6 sources
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Barrons • May 3, 2024
SK Hynix Says High-end AI Memory Chips Almost Sold Out Through 2025![SK Hynix says high-end AI memory chips almost sold out through 2025](https://cdn.brief.news/images/links/b1ac75e8d3a7d5529a10d7a96c52be1786976599cc832ad658c173d6cfc3ea07cdb1b9e4f4148f0a0854e3b3dd61d6c8baf2dfe7e1ecd3674ffa61bbe6af5ed3.jpg)
logo • May 3, 2024
SK Hynix says high-end AI memory chips almost sold out through 2025![SK Hynix says high-end AI memory chips almost sold out through 2025](https://cdn.brief.news/images/links/93a0d306f5077d96cf5fbf02daa39a0c957537a68fa8c0455c76fd26ce4e1a096b0a79db8a6a8b90f35b7b4df6943e352fe8304e444a0034bceefeb8e59f74a1.jpg)
Japan Today • May 3, 2024
SK Hynix says high-end AI memory chips almost sold out through 2025![SK Hynix says high-end AI memory chips almost sold out through 2025](https://cdn.brief.news/images/links/3debfd2698ef2b02a33e8b75f1f81caa62bff72e7aa28a38d246af9100e3340c5fbb259e66ebcfad5a6d8ab37f24f80bdc6d24bfbeea25f0c887545d843e5a14.jpg)
Legit.ng - Nigeria news. • May 3, 2024
SK Hynix says high-end AI memory chips almost sold out through 2025