Chey also expressed concerns about future meetings with Huang, fearing further requests for expedited production timelines.

Nvidia's CEO Jensen Huang has urged SK hynix to accelerate the delivery of its next-generation high bandwidth memory (HBM4) by six months to meet the surging demand for AI computing chips.

In response to the growing market, Samsung plans to initiate mass production of its HBM4 chips in the latter half of 2025, following a partnership with TSMC announced in September 2024.

SK hynix, which was the first to supply fifth-generation HBM3E chips to Nvidia in March 2024, has recently begun mass production of its advanced 12-layer HBM3E chips.

The demand for Nvidia's chips has significantly driven SK Hynix's rapid growth, resulting in a remarkable 37.1% increase in its share value this year.

This surge in demand has led to record profits for SK Hynix, with shares rising approximately 36% as of November 2024.

Chey Tae-won, CEO of SK Group, emphasized the critical trilateral partnership between SK hynix, Nvidia, and TSMC, which is essential for strengthening the global AI chip supply chain.

The additional layers in SK hynix's chips enhance bandwidth speed, power efficiency, and overall capacity, which are crucial for advanced AI applications.

Huang highlighted the importance of HBM technology in achieving rapid advancements in computing power, often referred to as 'super Moore's law'.

Looking ahead, Chey forecasts significant expansion in the AI market by 2027, coinciding with the anticipated release of the next-generation ChatGPT.

The recent SK AI Summit featured a keynote from OpenAI President Greg Brockman, who noted that government support could give South Korea's AI industry a competitive edge.

Following the announcements made at the summit, SK hynix's shares surged nearly 6.5%, reflecting positive investor sentiment.