SK Hynix profit soars to a record high on AI boom

SK Hynix profit tops forecast Samsung results, but shares dip on demand outlook
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 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 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.
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
SK Hynix 0006600.68%increase; green up pointing triangle reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024, as it continued to ...
SK Hynix Shared Great Insight for Micron and Nvidia Stock Investors
In today's video, I discuss the recent updates impacting Nvidia (NASDAQ: NVDA) and Micron Technology (NASDAQ: MU) after SK Hynix reported earnings. To learn more, check out the short video ...
Nvidia Partner SK Hynix’s Profit Fails to Impress AI Chip Bulls
SK Hynix Inc.’s shares slid after record quarterly results failed to impress investors grappling with stagnant smartphone demand and questions about AI spending in 2025.
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,
SK Hynix posts record quarterly profit surpassing Samsung on AI boom
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.
Nvidia Partner SK Hynix Posts Record Profit During AI Boom
SK Hynix Inc. reported a record quarterly profit after the company extended its lead in advanced memory chips for datacenters and artificial intelligence development.
SK Hynix fourth-quarter profit soars to a record high, beating expectations on AI boom
South Korea’s SK Hynix, one of the world’s largest memory chipmakers supported by strong sales of high bandwidth memory (HBM) used in generative AI.
TweakTown13h
SK hynix reports highest-ever yearly earnings for 2024, all thanks to HBM and the AI boom
SK hynix has just posted its best-ever yearly earnings for 2024: $46.1 billion in sales, revenues increased by 102% thanks to ...
ExtremeTech4d
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 ...
Digi Times3d
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 ...
SK Hynix Set to Post Strong AI-Driven Results in Fourth Quarter -- Earnings Preview
SK Hynix is scheduled to report its fourth-quarter results Thursday. Here is what you need to know: NET PROFIT FORECAST: The South Korean memory-chip maker is expected to post net profit of 5.998 ...
Yahoo Finance5d
SK Hynix’s 30% Gain This Year Under Pressure From Trump Trades
(Bloomberg) -- This year’s 30% AI-driven rally in shares of South Korea’s SK Hynix Inc. faces threats as political issues and valuations push local investors toward domestic-focused companies.
Digi Times4d
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, ...
SK hynix workers not satisfied with 1,500% bonus. Why?
Employees complain SK hynix 'scapegoat' in SK Group's cost-cutting measures SK hynix, the world’s second-largest memory ...
Korea Joongang Daily on MSN15h
SK hynix appoints Vice President Ryu Sung-soo as new CEO of U.S. unit
Korean chip giant SK hynix has appointed Vice President Ryu Sung-soo as the new CEO of its U.S. unit, SK hynix America. Ryu ...