China racing to stockpile AI-powering HBM chips
Chinese technology firms started stockpiling Samsung’s high-bandwidth memory (HBM) chips earlier this year in anticipation that the United States would soon ban their export to China.
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Chinese technology firms started stockpiling Samsung’s high-bandwidth memory (HBM) chips earlier this year in anticipation that the United States would soon ban their export to China.
SEOUL/TAIPEI/SAN JOSE, Calif. -- Nvidia CEO Jensen Huang, wearing his trademark black leather jacket and addressing a conference in March in San Jose, did not hide his enthusiasm for high bandwidth memory (HBM) chips. The founder of the company that has become synonymous with artificial intelligence chips called them a "technology miracle" and an essential part of the AI revolution.
ICHEON, South Korea -- The head of SK Hynix has vowed to continue expanding output of memory chips used in artificial intelligence applications, predicting global demand will increase sharply over the long term.
SK Hynix said it expects a full recovery in the memory market after artificial intelligence (AI) demand spurred the chip maker to log its fastest pace of revenue expansion since at least 2010.
South Korean memory chipmaker SK Hynix on Thursday reported a net profit of 1.92 trillion South Korean won ($1.39 billion) in the first quarter, reversing a loss of 2.58 trillion won logged in the same period a year ago.
SEOUL -- SK Hynix returned to profit in the first quarter thanks to its leadership in advanced memory chips critical for artificial intelligence computing, recovering from a long slump in the memory market.
SEOUL/TAIPEI -- SK Hynix and Taiwan Semiconductor Manufacturing Co. aim to jointly develop advanced chips for artificial intelligence as two of Asia's leading chipmakers look to strengthen their positions in the fast-growing AI market.
SK Hynix, one of the world's largest memory chipmakers, said it would invest $3.87 billion in its first chip packaging facility in the U.S., marking another victory for the Biden administration's efforts to onshore chip production.