Sandisk Corporation (NASDAQ: SNDK) today announced it has signed a landmark Memorandum of Understanding (MOU) with SK hynix to work together to establish the specification for High Bandwidth Flash - a new technology designed to deliver breakthrough memory capacity and performance for the next generation of AI inferences. Through this collaboration, the companies expect to standardize the specification, define technology requirements and explore the creation of a technology ecosystem for High Bandwidth Flash.

"By collaborating with SK hynix to define the High Bandwidth Flash specification, we are addressing the critical need for scalable memory in the AI industry," said Alper Ilkbahar, Executive Vice President and Chief Technology Officer, and HBF Technical Advisory Board member at Sandisk. "This collaboration accelerates innovation and will offer the industry new tools to handle the exponential data demands of tomorrow's applications. Our work will help provide an effective solution to meet the world's technology needs and exceeds expectations of our respective customers."