$SKHY $MU $DRAM If you think the memory trio is sitting back, chilling, and relaxing with the huge cash they are about to make, you are dead wrong. SK hynix is about to go through a big transformation at the top. Chairman Chey Tae-won is personally interviewing ~250 executives, one on one. The first round this large in 14 years, since SK acquired hynix in 2012. Last time he did this, it set the strategic tasks that built today's HBM leader. Now the goal is to find the next leap. And it doesn't stop there: -3 of SK Group's 4 manager vice chairmen are moving to SK hynix. Industry calls it "highly unusual," a symbol of where the group's focus now sits. -Their mandate: U.S. vs China chip supremacy, Washington's investment demands, and big tech partnerships. -New Global Growth TF: not just securing HBM supply, but expanding from memory into the entire AI infrastructure stack. Memory Industry Transformation in Full Throttle.