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The competition for AI computing power is no longer just about GPUs. What truly bottlenecks the entire industry chain is HBM (high-bandwidth memory). Whoever controls HBM controls AI chip production capacity; whoever controls production capacity has pricing power. And the company positioned in that spot right now is SK Hynix. On July 10, SK Hynix ADR will officially list on Nasdaq—this is not only the listing of a chip company, but also AI