Key Points HBM demand has been booming due to its critical role in AI accelerators. SK Hynix is the leading manufacturer of HBM, which explains its phenomenal growth. Favorable memory market dynamics will be a tailwind for SK Hynix, helping the stock deliver impressive upside for investors over the long run. 10 stocks we like better than SK Hynix › The proliferation of artificial intelligence (AI) has created massive chip demand, which isn't surprising as semiconductors are the basic building blocks in data centers that train large language models (LLMs), and run agentic AI and inference applications. It is worth noting that AI data centers employ various kinds of chips.
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