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The Latest Breaking News from Chey Taewon

SK hynix files to raise up to $29 billion in historic Nasdaq listing — all proceeds going to advanced AI memory fabs and EUV tool orders

SK hynix filed a securities registration statement on Wednesday to raise up to 45.45 trillion won through an American depositary receipt listing on Nasdaq.

Tom’s Hardware

How SK Hynix's bet on a niche memory chip made it more valuable than Samsung

SK Hynix has risen to claim the title of South Korea's most valuable company, a testament to its visionary 14-year investment in high-bandwidth memory (HBM) chips. Initially viewed with doubt, this strategic pivot to a niche segment, particularly serving Nvidia's AI accelerators, has firmly established SK Hynix as a leader…

The Economic Times

SK hynix passes Samsung as South Korea's most valuable company — memory company surpasses valuation milestone on the back of HBM

SK hynix overtook Samsung Electronics on Monday to become South Korea’s most valuable listed company.

Tom’s Hardware

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What Is SK Hynix? The Little-Known Tech Giant That Just Knocked Samsung Off Its Throne

SK Hynix has overtaken Samsung to become South Korea's most valuable company, driven by its dominance in AI memory chips, marking a huge shift in the semiconductor industry.

International Business Times UK

SK Hynix overtakes Samsung to become South Korea's most valuable company

SK Hynix has surged past Samsung Electronics to become South Korea's most valuable company, driven by its dominance in high-bandwidth memory (HBM) chips crucial for AI systems. This remarkable turnaround, from near collapse two decades ago to a market leader, highlights the transformative impact of the AI boom on the…

The Economic Times

SK hynix claims it will be able to triple its memory chip output by 2034, roughly 10 years sooner than first projected

Just in time to solve the current crisis, right?

PC Gamer

Nvidia clinches deals with South Korean giants include SK Group to advance AI boom

Speaking to reporters in Seoul, Huang's remarks underscored Nvidia's continued cooperation with SK Hynix, ‌a leading supplier of high-bandwidth memory (HBM) chips used ⁠in AI servers.

The Economic Times

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SK hynix to double memory wafer capacity within five years, chairman says — AI-driven shortage will persist until at least 2030

SK hynix will double its memory wafer capacity within five years, SK Group chairman Chey Tae-won told reporters at Computex in Taipei on June 2nd.

Tom’s Hardware

SK Hynix pans to double wafer capacity in next five years, group chairman says

Chey Tae-won was ⁠speaking at the Computex conference in Taipei, where executives from some of the ‌world's top technology companies, including Nvidia, are ⁠gathering.

The Economic Times

'The current shortage could continue until 2030, so we expect more than a 20% shortage of the wafers': SK Group chairman issues bleak warning on RAM crisis

We've had previous forecasts that the RAM crisis will continue through to 2028 — but 2030 is upping the ante worryingly here.

TechRadar

SK Group chairman says memory chip shortage will last until 2030 — wafer supply trails demand by 20%

SK Group chairman Chey Tae-won told reporters at Nvidia's GTC conference in San Jose on Monday that the global memory chip shortage is likely to persist for another four to five years.

Tom’s Hardware

Nvidia's Jensen Huang Urges SK Hynix to Accelerate HBM4 Chip Delivery

Citing the growing demand for high-capacity, energy-efficient semiconductors, Nvidia CEO Jensen Huang asks SK Hynix to accelerate the delivery of the HBM4 chip by six months. This year, SK Hynix plans to provide 12-layer HBM3E samples, and by 2025, 18-layer HBM3E samples.

International Business Times

Nvidia's business model 'may fall apart' if corporations can't make AI pay, says SK Group boss

SK Group Chairperson Chey Tae-won says that Nvidia may lose its place among the top corporations globally if AI technologies fail to guarantee profits in a couple of years. However, Nvidia's competitors pose a bigger threat if they develop chips that could perform just as well but at a lesser…

Tom’s Hardware

South Korea divorce ruling lets SK Group chief keep shares in parent

A South Korean court ordered the chairman of No. 2 conglomerate SK Group to transfer cash of 66.5 billion won ($50.68 million) in a division of property, as part of a divorce ruling on Tuesday that kept any stock from changing hands.

Reuters

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