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AI chip boom powers SK Hynix to record 2024 profits and
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.
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 cautiously. Concerns about smartphone demand and future AI spending have tempered enthusiasm.
AI chip boom powers SK hynix to record 2024, capex increase expected this year
SK hynix, a key memory chip supplier to Nvidia, achieved record-breaking sales and operating profit last year, driven by strong demand for high-end semiconductors such as high bandwidth memory (HBM).
1h
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 ...
The Register on MSN
3h
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 ...
3h
on MSN
Nvidia impact: World's second-biggest memory chipmaker from South Korea reports over 8 trillion won profit
The result compared with an 8 trillion won average forecast by LSEG SmartEstimate, which is weighted toward analysts who are ...
9h
on MSN
Why SK Hynix shares slipped despite 2000% surge in operating profit
SK Hynix reports record Q4 earnings, driven by strong AI memory chip sales. Outlook for 2025 dims amid inventory adjustments ...
1h
Chip stocks fall as Nvidia supplier highlights market uncertainty
Chip stocks including Nvidia and Arm fell Thursday after an Nvidia supplier, SK Hynix, spoke about uncertainty in semiconductor demand in 2025 on its earnings call.
9h
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) ...
ThePrint
11h
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 ...
CCN on MSN
4h
SK Hynix Reports Record Earnings as it Pulls Ahead of Samsung in HBM4 Race
SK Hynix has posted its strongest-ever quarterly and annual performance. The record earnings reflect the firm’s rising ...
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