SanDisk inventory jumped 10.84% on Tuesday following a brand new AI reminiscence milestone with SK Hynix. The businesses superior their ongoing collaboration by releasing the primary business specification for Excessive Bandwidth Flash (HBF) know-how.
SanDisk additionally presents a keynote on AI reminiscence as we speak on the Way forward for Reminiscence and Storage (FMS) Convention, simply hours earlier than its earnings name. Google and Tenstorrent joined the HBF consortium in the course of the standardization course of, including credibility to the brand new customary.
A New Reminiscence Tier for AI Chips
The Open Compute Mission (OCP), an business group that builds open {hardware} requirements, printed the HBF specification this week. The usual offers chip designers a shared framework for utilizing HBF in AI accelerators.
It fills a spot left by Excessive Bandwidth Reminiscence (HBM), which is quick however capacity-constrained. In distinction, solid-state drives maintain extra knowledge at slower speeds.
The specification helps NAND stacking as much as 512GB per die stack. It additionally defines three efficiency tiers, with learn speeds reaching 3.0 terabytes per second.
SanDisk and SK Hynix began the HBF consortium in February. Google and Tenstorrent joined as members in the course of the specification’s improvement. SanDisk Chief Know-how Officer Alper Ilkbahar known as the discharge a significant step for the know-how.
“an necessary milestone for the HBF ecosystem”
Alper Ilkbahar, SanDisk’s chief know-how officer, mentioned in an announcement.
Earnings Loom as Reminiscence Shares Rebound
SanDisk studies fiscal fourth-quarter outcomes after markets shut as we speak. Wall Road expects earnings close to $33 per share on income round $8.3 billion, up sharply from $0.29 a 12 months earlier. Nonetheless, SanDisk shares pulled again in premarket buying and selling Wednesday, as some buyers turned cautious forward of tonight’s outcomes.
SanDisk shares fell roughly 47% final month throughout a broader reminiscence sector selloff. In the meantime, SK Hynix shares have swung simply as sharply since their Nasdaq debut in July.
The rebound displays a tighter hyperlink between Korean and US markets, as AI infrastructure spending more and more strikes each in tandem.
At present’s earnings will present whether or not the AI reminiscence story behind Tuesday’s rally holds up beneath nearer scrutiny.
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