SanDisk’s timing has been precise, coinciding perfectly with the massive demand for memory and storage chips driven by artificial intelligence. In less than a year and a half, its stock price has increased 50 times (not 50%).
Tag: YMTC
SK Hynix dominates memory by AI
2012, SK Group, South Korea’s third-largest conglomerate, announced the acquisition of a 21.05% stake in Hynix, taking control of the memory chip giant. Hynix then separated from the Hyundai Group and added “SK” to its official name, becoming the SK Hynix we know today.