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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.
SK Hynix posts record quarterly profit surpassing Samsung on AI boom
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.
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,
4h
Stock market today: Nasdaq jumps, S&P 500 nears record as Netflix, 'Stargate' AI project invigorate tech
President Donald Trump's boost to AI demand hopes is outweighing fresh tariff threats on China and the EU, as earnings season ...
13h
on MSN
US stocks end higher on blowout Netflix results, strong AI shares. S&P 500 notches record.
Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI ...
CoinDesk
1d
Crypto AI Tokens Soar as Bitcoin Awaits Trump Policies Below Record Prices
AI agent tokens AI16Z, ARC, GRIFFAIN led crypto market gains, buoyed by reports of a $500 billion private AI infrastructure ...
23h
Amid Record Cyberattacks, Identity Security Is A Must For Enterprises
To make the shift from manual, outdated systems to AI-driven access control, organizations need to follow a series of ...
3d
Where Will BigBear.ai Stock Be in 10 Years?
BigBear.ai (NYSE: BBAI) has disappointed a lot of investors since its public debut. The artificial intelligence (AI) software ...
7d
on MSN
TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong
The world’s largest contract chip maker reported another record quarter as it continued to ride the AI wave while navigating ...
Forbes India
4h
Maha Kumbh Mela: How AI is helping stop stampedes at world's biggest gathering
Organisers predict up to 400 million pilgrims will visit the Kumbh Mela, a millennia-old sacred show of Hindu piety and ...
5h
on MSN
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 ...
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