SK Hynix Posts Strong 4th-Quarter Net Profit on AI Boom

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.
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 posts record quarterly profit on AI chip demand
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.
Chipmaker SK Hynix posts record quarterly profit surpassing Samsung on AI boom
SEOUL - South Korea’s SK Hynix on Jan 23 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 (AI) chipsets.
SK Hynix Posts Record Profit on AI-Driven Chip Demand
SK Hynix Inc (KS:000660), a key Nvidia supplier, reported a record fourth-quarter operating profit, soaring 2,236% to 8.08 trillion won ($5.64 billion), slightly exceeding Reuters forecast of 8 trillion won.
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.
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 ...
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(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 ...
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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 ...
SK hynix Announces 4Q24 Financial Results
SK hynix Inc. (or "the company", announced today that it recorded best-ever yearly performance with 66.1930 trillion won in revenues, 23.4673 trillion won in operating profit (with an operating ...
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SK hynix report record-breaking Q4 earnings on rising demand for AI chips
Korean chipmaking giant SK hynix said Thursday its fourth-quarter earnings hit a record high on rising demand for artificial ...