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SK Hynix will supply chips to Nvidia

SemiMediaEdit
May 24, 2018

According to Reuters, South Korea's chip maker SK Hynix has reached a chip supply agreement with Nvidia, which will help SK Hynix increase its sales of high-value chips.

Affected by this news, as of the British "Financial Times" reported, SK Hynix shares rose by more than 5% on Wednesday to 94,000 won, a record high for 17 years.

Other chip companies in Asia are also positively affected. Samsung Electronics shares rose 3%, TSMC shares rose 0.7%, UMC shares rose 0.6%.

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