IANS | 28 Mar, 2024
SK hynix, the world's second-largest memory chipmaker, said on
Wednesday that it expects a significant increase in the portion of its
high bandwidth memory (HBM) chip sales relative to total DRAM (dynamic
random-access memory) chip sales.
"Last year, sales of HBM chips
accounted for a single-digit percent of the company's entire DRAM
sales," CEO Kwak Noh-jung said during a general shareholders meeting.
"This year, the number of bits of HBM sales will rise to a double-digit
percentage of total DRAM sales, which will help our profitability."
HBM
chips, integral components used for AI computing, have garnered
increasing attention with the rise of applications such as generative
AI, exemplified by models like ChatGPT, reports Yonhap news agency.
SK hynix is considered a leader in the HBM industry as it has begun mass production of the latest fifth-generation HBM3E chips.
These
chips are slated for supply to U.S. AI chip giant Nvidia, solidifying
SK hynix's role as a key supplier in the AI computing ecosystem.
Kwak
stressed that his company will make constant efforts to keep the market
leadership by strengthening competitiveness of its HBM products.
Regarding
recent media reports suggesting SK hynix's plans to build an advanced
chip packaging facility in Indiana, Kwak clarified that nothing has been
confirmed yet, indicating that the company is still in the process of
evaluating its options.