Hyperscalers to spend $700 billion on AI infrastructure
SK hynix has launched on the Nasdaq exchange, becoming a dominant supplier of high-bandwidth memory with a 58% global market share.
The company is projected to reach 91% gross margins in Q2 2026, outpacing Micron’s 50 to 55% operating margins.
Hyperscalers’ spending on AI infrastructure is expected to drive demand for high-bandwidth memory, with SK hynix well-positioned to benefit.