TSMC is weighing a move into AI memory chips at Nvidia's request
TSMC is drafting plans to make 3D DRAM memory chips at Nvidia's request, The Information reports, a move that would pit it against Samsung and SK Hynix.
TSMC is drafting plans to make 3D DRAM memory chips at Nvidia's request, The Information reports, a move that would pit it against Samsung and SK Hynix.
Asian technology stocks tumbled Friday, tracking a sharp sell-off on Wall Street overnight that sent the tech-heavy Nasdaq Composite into correction territory.
CNBC’s Jim Cramer said SK Hynix’s blockbuster earnings showed that AI stocks can still rally.
CXMT plans to start HBM3E production within two months, though only 20% to 30% of its chips work, Reuters reports. SK Hynix gets around 70%.
‘Earnings stability and mid-to-long term demand visibility’: SK Hynix says memory demand will outrun supply through 2030 after a record quarter.
SK Hynix made a splash on the stock market.
These are the stocks posting the largest moves premarket.
SK Hynix blew away the numbers, and GE Vernova crushed it too.
It’s a time frame the company has suggested before. It says a “virtuous cycle” (well, virtuous for memory manufacturers at least) is seeing AI productivity gains lead to increased demand, maintaining pressure on supply even as SK Hynix ramps up production. It’s already signed agreements to sell more than half the RAM it’ll produce through 2028. [Link: SK hynix Announces 3Q26 Financial Results | SK hynix Newsroom | https://news.skhynix.com/en/q3-2026-business-results/ | SK hynix Newsroom]
South Korean chipmaker SK Hynix on Wednesday reported its third-quarter earnings.
Here are some of the companies making headlines in midday trading.
Samsung and SK Hynix dominate the high-bandwidth memory market. Now they are competing to become indispensable to Nvidia, OpenAI, and other U.S. AI companies.
AI-driven gains at Samsung and SK Hynix are moving into South Korea’s housing market, raising affordability concerns.
SK Hynix has shelved plans for a potential U.S. IPO of Solidigm amid market volatility and share price concerns.