Nvidia Accelerates SK Hynix Chip Timeline Amid AI Demand

Nvidia CEO Jensen Huang has requested SK Hynix to advance the delivery of HBM4 memory chips by six months due to a global chip shortage.

SK Hynix shares surged 6.5% following Nvidia's request to expedite the supply of next-gen HBM4 chips.
The accelerated timeline aims to meet the rising demand for high-bandwidth memory crucial for AI applications.
SK Hynix unveiled the industry's first 16-Hi HBM3E memory, offering up to 48GB per stack, with samples expected by early 2025.
The collaboration highlights the competitive race in the semiconductor industry, with SK Hynix, Samsung, and Micron vying for leadership.
Nvidia's push is part of a strategic move to maintain its dominance in the AI chip market, where it currently holds over 80% share.