Choi Tae-won, chairman of SK Group, emphasizes the need to produce more high-bandwidth memory (HBM), termed 'monster chip', to meet the surging demand in AI technologies due to a significant shortage in supply.
Choi Tae-won, the chairman of SK Group, highlighted the urgent need for increased production of high-bandwidth memory (HBM), which he refers to as the 'monster chip', during a statement made at the Trans-Pacific Dialogue event in Washington, D.C. He stressed that this product is extremely lucrative for SK Hynix, with profit margins exceeding 60%. Choi's dialogues with CEOs from major tech firms such as Microsoft, Meta, and Google pointed to a collaborative effort to meet the increasing demand for AI-related memory chips, following an alarming shortage that has left the industry struggling to keep up with the needs of AI infrastructure.
