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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 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,
Nvidia Supplier SK Hynix Soars 102% In Revenue, But Stock Drops Despite AI Memory Boom
SK hynix Inc. reported financial results for 2024, with revenues surging 102% to 66.19 trillion won ($46.34 billion), driven by explosive demand for artificial intelligence memory products.
15h
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) ...
cio.economictimes.indiatimes
17h
SK hynix reports record Q4 earnings on rising demand for AI chips
South Korean chipmaking giant SK hynix said on Thursday its fourth-quarter earnings hit a record high on rising demand for ...
Mobile World Live
13h
SK Hynix bullish on HBM demand
SK Hynix booked record revenue and operating profit in 2024, and forecast demand for HBM and high-density server chips to ...
Digi Times
22h
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 ...
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