Hynix is currently building up power for a new round of upward momentum.
On August 26, Nvidia’s second-quarter fiscal revenue reached $96.22 billion, more than doubling year over year. It also provided very strong long-term guidance: it expects revenue growth of about 70% in the next fiscal year, which is significantly higher than the roughly 44% expectation previously held by Wall Street. More importantly, Nvidia has clearly stated that it is still being constrained by the supply of components such as memory.
This isn’t a case of GPUs not being able to sell. Instead, GPUs want to sell more—demand in the whole market still exceeds supply.
In addition, Microsoft/Meta, Google, OpenAI, and others continue to build AI infrastructure.
A Reuters report in May this year said that large technology companies, in order to secure future memory supply, proposed unprecedented long-term purchasing plans to SK Hynix.
That’s why Hynix isn’t short of customers—the customers are competing to secure Hynix’s capacity.
SK Hynix has a market share of 57%. As Nvidia upgrades its GPUs, Hynix upgrades its HBM in parallel.
#BTC☀️
On August 26, Nvidia’s second-quarter fiscal revenue reached $96.22 billion, more than doubling year over year. It also provided very strong long-term guidance: it expects revenue growth of about 70% in the next fiscal year, which is significantly higher than the roughly 44% expectation previously held by Wall Street. More importantly, Nvidia has clearly stated that it is still being constrained by the supply of components such as memory.
This isn’t a case of GPUs not being able to sell. Instead, GPUs want to sell more—demand in the whole market still exceeds supply.
In addition, Microsoft/Meta, Google, OpenAI, and others continue to build AI infrastructure.
A Reuters report in May this year said that large technology companies, in order to secure future memory supply, proposed unprecedented long-term purchasing plans to SK Hynix.
That’s why Hynix isn’t short of customers—the customers are competing to secure Hynix’s capacity.
SK Hynix has a market share of 57%. As Nvidia upgrades its GPUs, Hynix upgrades its HBM in parallel.
#BTC☀️