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  • 14 hours ago
SK Hynix is seeing unprecedented demand for its AI memory chips amid the global artificial intelligence boom, according to Reuters. The company's major clients are reportedly offering to invest in the firm’s production capacity to secure supply.

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00:00South Korean chipmaker SK Hynix has been flooded with offers from global tech firms needing supplies of AI memory chips,
00:08according to Reuters.
00:10A Reuters report says the company's clients are offering to invest in its production capacity in exchange for guaranteed supply.
00:18SK Hynix is Asia's third most valuable firm by market cap after TSMC and Samsung.
00:25The AI boom has seen the company's shares rise 154% this year.
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