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24H | Storage Shares Extend Gains After SK Hynix Says DRAM and HBM Capacity Largely Sold Out Through 2029

Tiger Newspress
3小时前

Storage shares continued to rally in overnight trading. SK Hynix up over 7%; SanDisk, DRAM, Micron up around 4%.

At its earnings briefing, SK Hynix said DRAM and high-bandwidth memory (HBM) capacity for the next three years through 2029 is largely sold out, and its long-term sales outlook has significantly improved.

The company completed sample shipments of next-generation HBM4E in Q2, and HBM4 development and qualification are progressing in line with customer timelines.

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