SK Hynix says high-end AI memory chips almost sold out through 2025

South Korean semiconductor giant SK Hynix said Friday its entire 2024 production of high-end memory chips was sold out and most of next year’s line was gone too, reflecting the huge demand for cutting-edge AI hardware.

SK Hynix is the world’s second-largest memory chip maker, and dominates the market for high-bandwidth memory (HBM) chips. It is a top supplier to Nvidia, which controls about 80 percent of the global artificial intelligence chip market.