Altera Discloses Heterogeneous SiP Devices That Integrate HBM2 DRAM with FPGAs
newsroom.altera.com
newsroom.altera.com
You can do this without the SIP using something called Hybrid Memory Cube: https://en.wikipedia.org/wiki/Hybrid_Memory_Cube The bandwidth is huge and uses a serdes interface. Even so, it would be nice if there were advancements in low latency high capacity memory (without low latency, you need parallel work to make use of all the bandwidth).
Can someone explain the significance (if any)?
The reason you're asking the same questions has less to do with lack of domain expertise and more to do with the (lack of) quality info in the press release.
They're achieving this using Intel's EMIB silicon bridge technology, but that was apparently already available to them as a fab customer.
That said, the PR contains nothing about capacity, latency, nor price, so it's near-pointless.