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SK Hynix bets big on AI memory future | Raleigh News
SK Hynix, the memory chip powerhouse behind Nvidia’s AI processors, is launching one of the largest stock offerings ever—up to $29 billion—to fuel a $37 billion expansion aimed squarely at meeting soaring AI demand. With HBM chips booked years ahead and stock surging 280% this year, the company has surpassed Samsung as South Korea’s most valuable firm, ending a 26-year streak. The funds won’t go to buybacks or dividends—but to build new fabs and packaging plants, betting big on AI’s long-term memory crunch. Even though the new capacity won’t ease today’s shortage, SK Hynix is banking on…
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