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Despite a rough year for the memory chip business, SK Hynix's stock rose ~60% in 2023, benefiting from the rise of AI chips that rely on high bandwidth memory (Wall Street Journal) 30-08-2023

Wall Street Journal:
Despite a rough year for the memory chip business, SK Hynix’s stock rose ~60% in 2023, benefiting from the rise of AI chips that rely on high bandwidth memory  —  South Korea’s SK Hynix bet early on powerful memory chips for generative AI programs like ChatGPT


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