samsung
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SK Group is the parent company of SK Hynix, the second largest producer of High Bandwidth Memory (HBM) and along with Samsung and Micron Technology, these three company’s control 90% of the market. The cutting-edge graphics processing units (GPUs) filling data centers around the world require an immense, unrelenting pipeline of data delivered at…
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Samsung reported an 1,800% jump in operating profits to 89.4 trillion won or ~$58 billion over the past quarter. Shares still fell. Why? 1. Profit taking as shares are up 140% YTD. 2. Results were pretty much in line with expectations. Samsung is the largest manufacturer of DRAM memory needed to support thousands of GPUs…