Nvidia secures a $500 billion deal with SK Hynix for AI memory supply, including 2027 data center launches, alongside a $1 billion investment in Korean cloud company Naver, amidst a global memory shortage driven by AI demand.
South Korean chipmaker SK Hynix, a key player in AI memory, is set to list on the Nasdaq, aiming to raise $29 billion for U.S. expansion, including a new Indiana factory. The company's stock has surged over 700% in a year, driven by high demand for its advanced memory chips used by Nvidia.
Samsung Electronics reported a record quarterly operating profit of 89.4 trillion won ($58.6 billion), driven by booming demand for AI memory chips. This surge has allowed Samsung to overtake Nvidia as the world's most profitable technology company, with revenue also reaching an all-time high.
Samsung Electronics forecasts a 19-fold increase in profits for the April-June quarter, driven by high global demand for AI memory chips. The company expects record operating profits and sales, with analysts citing the AI boom and tight supply as key factors.
Samsung Electronics forecasts a 19-fold increase in profits for the April-June quarter, driven by soaring global demand for AI memory chips. Sales are expected to exceed 171tn won, marking a record quarterly performance.
Samsung Electronics forecasts a 19-fold increase in profits for the April-June quarter, driven by high global demand for AI memory chips. The company expects to post 89tn won in operating profits, marking its third consecutive record quarter, as semiconductor prices rise due to supply shortages.
Micron's stock surges amid a long-running AI memory-chip shortage, briefly overtaking the market valuations of Meta and Tesla. The company points to long-term supply agreements and rising ASPs as support, but faces the risk of cycles in memory demand.
Micron's Q3 revenue surged to $41.4B, over 4x last year, with profit hitting $28.24B. Driven by AI demand for high-bandwidth memory, shares rose 15% post-earnings, reflecting a 700% climb over the past year. The company boasts 85% gross margins, rivaling top tech firms.
Micron reported record 84.9% gross margins in fiscal Q3, driven by soaring AI memory demand, surpassing other major U.S. tech firms. This unprecedented profitability is leading to long-term customer agreements and increased costs for device makers like Apple.
Perplexity has introduced Brain, a memory system for its AI agent, Computer. Unlike typical AI memory that focuses on user preferences, Brain logs the agent's actions, decisions, and sources to build context. This aims to improve answer correctness and efficiency for recurring tasks.
New research from AI company Writer suggests that adaptive memory systems in AI models can lead to decreased accuracy. These systems, designed to personalize user experience, may cause models to become sycophantic and adopt user misconceptions, hindering their ability to provide objective and creative responses.
Nvidia CEO Jensen Huang met with SK Group Chairman Chey Tae-won in Taipei to discuss future cooperation in AI memory. Both executives attended Computex, where they celebrated SK hynix's market capitalization milestone and reaffirmed their commitment to AI infrastructure.
SK hynix has begun mass production of its 192GB SOCAMM2 module, a next-generation memory solution based on sixth-generation 10nm-class LPDDR5X technology designed specifically for Nvidia's Vera Rubin AI platform. The module delivers more than double the bandwidth and over 75 percent improved power efficiency compared with conventional RDIMMs, targeting memory bottlenecks in large language model training and inference.
