Key facts: SK Hynix shares up 214%; signs deal with Samsung for OpenAI
Less than 1 min read
- SK Hynix shares rose 214% in the past year, driven by strong demand for high-end memory chips. The company reported record profits in October and sold out its chip production for next year.1
- In October 2023, SK Hynix signed letters of intent with Samsung Electronics to supply memory chips for OpenAI's data centers, highlighting a collaboration in the semiconductor sector.2