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SK Hynix profit soars to a record high on AI boom
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.
Nvidia supplier SK Hynix posts record quarterly profit
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as high bandwidth memory (HBM) used in generative AI chipsets. According to Reuters calculation,
Nvidia partner SK Hynix posts record quarterly profit surpassing Samsung on AI boom
South Korea’s SK Hynix posted an operating profit of 8.08 trillion won ($5.6 billion) in the December quarter, slightly above the 8 trillion won average forecast by LSEG SmartEstimate. The company also boosted its annual dividend by 25% to 1,
Digi Times
10h
SK Hynix confident in HBM4, prepares for 1c DRAM mass production
SK Hynix is poised to achieve a record-high operating profit in 2024, potentially surpassing Samsung Electronics (Samsung) for the first time. The company maintains its optimistic outlook on the high ...
1d
SK hynix becomes most profitable Korean company in Q4 2024
SK hynix posted multiple record highs in its 2024 earnings, boosted by the robust sales of its high-bandwidth memory (HBM) ...
The Register on MSN
1d
SK hynix wobbles on market uncertainty, despite record 2024 earnings
However, SK's shares dropped by as much as 4.7 percent after chief financial officer Kim Woo-hyun warned of weaker demand ...
Digi Times
1d
SK Hynix reportedly to begin 1c DRAM production first, disrupting Samsung's HBM strategy
As Samsung Electronics (Samsung) attempts to reshape the global memory market through its sixth-generation high bandwidth ...
Yonhap News English on MSN
1d
(2nd LD) SK hynix reports record-breaking Q4 earnings on rising demand for AI chips
SEOUL, Jan. 23 (Yonhap) -- South Korean chipmaking giant SK hynix Inc. said Thursday its fourth-quarter earnings hit a record ...
2d
SK Hynix’s 30% Gain This Year Under Pressure From Trump Trades
This year’s 30% AI-driven rally in shares of South Korea’s SK Hynix Inc. faces threats as political issues and valuations ...
Hosted on MSN
17h
SK Hynix Closes the Book on a Banner Year for High-Bandwidth Memory
Memory maker SK Hynix reported excellent revenue results for 2024, thanks in large part to its high bandwidth memory (HBM).
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