watch now In South Korea, where a mountainous landscape makes building huge projects an incredible undertaking, the world’s leading maker of high-bandwidth computer memory is investing $720 billion on what it says will be the largest network of memory factories in the world. SK Hynix , whose market cap has jumped more than fivefold in the past year and now tops $1 trillion, is making a big bet that extreme demand from artificial intelligence is here to stay. Soaring prices exacerbated by capacity constraints are changing the fabric of the classic boom-and-bust industry, with AI chip giants like Nvidia willing…
News Timeline:
Track the development of this news story across the Internet.