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SK HynixCNBC
•71% Informative
Shares of SK Hynix rallied 6.5% on Monday after the business announced a next-generation memory chip and the parent company's chair said that the South Korean semiconductor firm sped up the supply of a key product to Nvidia .
Chey Tae-won , chair of SK Group , said Nvidia CEO Jensen Huang asked him if he could move supply of high-bandwith memory ( HBM ) chips called HBM4 forward by six months .
HBM is a key component of Nvidia 's chips, which are used to train huge AI models.
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