South Korean semiconductor company SK Hynix has revealed that its high-bandwidth memory (HBM) chips, crucial for AI chipsets, are almost sold out for 2025. This is due to the increasing demand for artificial intelligence services, primarily driven by the AI industry’s expansion.
What Happened: SK Hynix, a major supplier to NVIDIA Corp (NASDAQ:NVDA), is experiencing a surge in demand for its HBM chips, which are used in AI chipsets, Reuters reported.
The company has reported that its HBM chips are already sold out for 2024 and are almost sold out for 2025. This is a result of the rapid expansion of AI services by businesses.
“The HBM market is expected to continue to grow as data and (AI) model sizes increase,” CEO Kwak Noh-Jung said in a news conference. “Annual demand ...