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Yiannis Zourmpanos

SK hynix Stock Jumps as AI Memory Expansion Accelerates. How to Play SKHY Here.

SK Hynix SKHY Memory

SK Hynix (SKHY) is back on everyone's mind as the South Korean memory giant announced plans to construct its new manufacturing facility in the Miyagi prefecture of Japan. The possible investment reportedly runs into trillions of won, according to local Japanese media, as SK Hynix gears itself up for the future rise in memory demand across the globe.

This timing is fascinating as the artificial intelligence infrastructure is gobbling more and more of high-performance memory and SK Hynix appears to be one of the companies to reap the benefits due to its leading position in high bandwidth memory (HBM).

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