LAS VEGAS, U.S. -- Chipmaker SK Hynix aims to double its market capitalization to 200 trillion won ($152 billion) in three years, as the South Korean company sees growth opportunities from the increasing use of advanced memory chips to train generative artificial intelligence.
Kwak Noh-Jung, CEO of SK, discussed the role of memory chips in AI at the CES technology trade show in Las Vegas on Monday. Advanced products require a large amount of both AI and memory chips to handle the massive quantity of data used for training, he said, which means, "AI will be memory-centric."
