Why hynix Is Trending Today?

SK Hynix is developing 3GB GDDR7 memory modules, potentially enabling high-end graphics cards with up to 24GB VRAM, and has reported record Q2 earnings driven by Nvidia's AI demand, outperforming Samsung.

SK Hynix reported record-breaking Q2 profits driven by surging AI chip demand, particularly for GDDR7 and HBM4 memory. The company plans to boost investments in AI chip production, aiming to double high-end AI chip sales. Despite Samsung's HBM4 delay, SK Hynix strengthens its lead in AI memory.