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South Korean memory chipmaker SK Hynix said Friday that it was ready to mass produce its next-generation high-bandwidth memory chips, staying ahead of rivals and sending the company's stock soaring.

HBM is a type of memory that is used in chipsets for artificial-intelligence computing, including in chips from global AI giant Nvidia — a major client of SK Hynix.

SK Hynix said earlier this year that it had shipped samples of its HBM4 chips to customers, as it sought to beat competitors including Samsung Electronics and Micron Technologies .

According to its announcement Friday, the company has finished its internal validation and quality assurance process for HBM4 and is rea

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