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PTI raises 2024 capex by 50% to boost HBM production for lucrative AI opportunities

Siu Han, Taipei; Willis Ke, DIGITIMES Asia Friday 3 May 2024 0

Credit: DIGITIMES

Taiwan's top memory backend specialist Powertech Technology (PTI) has decided to sharply raise its capital expenditure for 2024 from the original NT$10 billion (US$307.22 million) to NT$15 billion, some 60% of which will be used for High Bandwidth Memory...

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