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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.
SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand
South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.
SK Hynix Posts Strong Fourth-Quarter Net Profit on AI Boom
The South Korean memory-chip maker posted stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.
3h
on MSN
SK Hynix is 'reasonably ok' given its AI memory market share, we are concerned about Samsung Electronics: Analyst
Daniel Yoo of Yuanta Securities, Korea says the legacy memory business is on a decline, but is optimistic for SK Hynix as ...
4h
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) ...
Digi Times
7h
SK Hynix hits record 2024 revenue on AI memory surge
SK Hynix posted record revenue of KRW66.2 trillion (US$46.3 billion) in 2024, with an operating profit of KRW23.5 trillion, ...
Mobile World Live
2h
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 ...
1h
SK hynix Inc.: SK hynix Announces 4Q24 Financial Results
Revenues for 2024 at 66.1930 trillion won, operating profit at 23.4673 trillion won, net profit at 19.7969 trillion won Revenues for Q4 at 19.7670 trillion won ...
cio.economictimes.indiatimes
7h
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 ...
1d
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 ...
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Related topics
Samsung
Artificial intelligence
Nvidia
High Bandwidth Memory
AI Boom
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