Despite a rough year for memory-chip business, SK Hynix's stock rose ~60% in 2023, benefiting from the rise of AI chips that rely on high-bandwidth memory (Wall Street Journal)
Wall Street Journal:
Despite a rough year for memory-chip business, SK Hynix’s stock rose ~60% in 2023, benefiting from the rise of AI chips that rely on high-bandwidth memory — South Korea’s SK Hynix bet early on powerful memory chips for generative AI programs like ChatGPT — One of the world’s hottest chip areas …
