SK Hynix has completed the development of HBM4 aimed at achieving a "milestone in AI memory", with its stock price hitting a historic high.

According to the Securities Times app, SK Hynix Inc. announced on Friday that it has completed the development of the fourth generation High Bandwidth Memory (HBM4) - this memory is a core key component for artificial intelligence (AI) operations. After the news was released, the company's stock price rose by as much as 5.9% during the trading day, reaching a new all-time high.