SK Hynix Stock: 16 Percent Jump After Nvidia Pact - Börse Express
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A share price jump of almost 16 percent in a single trading day speaks volumes. SK Hynix reports a massively expanded partnership with Nvidia. This secures the South Koreans a key role in the next generation of AI hardware. The stock shoots up to 2,215,000 South Korean Won and more than makes up for the previous day's price slide. Since the beginning of the year, the gain totals a massive 227 percent. The record high is once again within reach. Nvidia and SK Hynix will interlink their development much more closely in the future. As part of a multi-year technology partnership, SK Hynix is developing memory chips directly for Nvidia's upcoming platforms. These include the new Vera-Rubin supercomputers and Jetson-Thor robots. The collaboration goes far beyond mere hardware. SK Hynix will use Nvidia's software libraries for its own chip simulations in the future and simultaneously automate its factories. Nvidia CEO Jensen Huang described the South Koreans as an exceptional partner. To meet the enormous demand, SK Hynix is upgrading. The group is ordering new equipment worth approximately 29 million US dollars. Hanmi Semiconductor's machines are crucial for the production of High-Bandwidth-Memory. Experts see this as a harbinger for the upcoming HBM4 generation. The company already started mass production of the current HBM3E chips in September 2024. Now, management is looking...
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