SK Hynix, the world’s second-largest memory maker (behind fellow South Korean chip giant Samsung), recently turned down a 500 billion won ($374 million) advance payment from an unnamed AI accelerator company to secure a dedicated high-bandwidth memory (HBM) production line.
Instead, according to The Korea Economic Daily, SK Hynix has committed to supplying over 1 trillion won ($749 billion) worth of HBM products to Nvidia, the leader in AI chip development.
