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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.
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 ...
Mobile World Live
18h
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 ...
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) ...
cio.economictimes.indiatimes
23h
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 ...
14h
Nvidia Partner SK Hynix Sees Record Profits, Fails to Impress AI Chip Bulls
SK Hynix Inc., a major supplier of memory chips, has announced record quarterly earnings. However, investors have reacted ...
Hosted on MSN
8h
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). As AI drove demand for hardware from AMD, Nvidia and others, firms like ...
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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