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Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.
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.
SK Hynix Dips After Record Profit Misses Lofty Expectations
SK Hynix Inc.’s shares slid 4.7% after its record quarterly profit and modest capex plans failed to impress investors betting on insatiable AI demand for advanced memory chips.
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 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.
6h
Discover Financial fourth-quarter profit jumps on lower loan loss provisions
U.S. credit card issuer Discover Financial posted a more than threefold increase in fourth-quarter profit on Wednesday, ...
17h
Unilever India’s Profit Beats Estimate on One-Time Gains
Hindustan Unilever Ltd. posted quarterly profit that beat estimates boosted by one-time gains even as the consumer goods ...
9h
Corcept Therapeutics Generating Strong Revenue And Profit Growth
Corcept Therapeutics' long-term goal is $3 billion revenue by 2029, driven by the new drug Relacorilant. Click here to read ...
2d
High-Profit, Low-Failure Business Ideas That Are Built For Success
When you combine strong profit potential with lower failure rates, you set yourself up for long-term business success.
1d
Capital One Profit Climbs 55% as Margins Expand, Card Loans Grow
Capital One Financial Corp. posted a higher fourth-quarter profit as net interest margins widened and credit-card loans ...
9h
on MSN
Puma launches cost-cutting drive after 2024 net profit disappoints
Sportswear brand Puma announced a cost-cutting programme on Wednesday after reporting 2024 net profit below the prior year's ...
1d
United Airlines Posts Higher 4Q Profit, Revenue on More Passengers, Flights
United Airlines said profit and revenue grew in the fourth quarter boosted by strong demand for all its products, as well as an influx of passengers and flights. The airline on Tuesday reported net ...
14h
on MSN
United Airlines Gains After Profit Outlook Bucks Winter Doldrums
United Airlines Holdings Inc. predicted first-quarter profit well ahead of Wall Street’s estimates as the carrier capitalizes ...
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