The news, distilled into what matters.

Everything you need to know about the Korean chipmaker crashing America's AI party

  • SK Hynix, the trillion-dollar South Korean memory-chip maker, made a historic US trading debut — the largest-ever foreign listing ($26.5B) and heavily oversubscribed.
  • It's one of the world's top three memory suppliers (to Apple, Dell, and Nvidia), and its high-bandwidth memory is a key component for AI systems like ChatGPT.
  • Riding an AI-driven memory shortage and booming prices, SK Hynix is expanding in the US, including a $4B plant in Indiana.
Read full article

Get the full experience in the app — topics, comments, and audio summaries.

Download on the App Store Download on the App Store