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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 artificial intelligence chipsets.
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,
The Register on MSN
14h
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 ...
20h
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) ...
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 ...
1d
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 ...
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 ...
ExtremeTech on MSN
4h
SK Hynix Closes the Book on a Banner Year for High-Bandwidth Memory
The company’s Q4 revenue increased by 12%, and its operating profit rose by 15%, making for its best quarter ever, SK Hynix said in a statement. The company also announced that its revenue for the ...
13h
on MSN
Nvidia Stock Falls Despite Stargate. Why SK Hynix Is Weighing on Chip Makers.
Nvidia stock was sliding on Thursday as a business partner’s weak outlook took some of the shine off President Trump’s ...
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