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2 Jun 202617 Dhuʻl-Hijjah 1447 AH
SK Hynix Aims to Double Chip Production by 2030

SK Hynix Aims to Double Chip Production by 2030

SK Hynix announced plans to double its chip production capacity within five years, driven by rising demand for AI applications. Chairman Chey Won shared this at the Computex conference in Taipei, emphasizing ongoing memory supply constraints until 2030. SK Hynix holds a 58% market share in high-bandwidth memory (HBM) chips, outperforming Samsung and Micron. Chey noted that Nvidia's future computing architecture will require significant memory chips, supporting long-term demand growth.

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