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SK Hynix profit surpasses Samsung
SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand
The company said supply will remain tight for high-performance chips, but demand declines will accelerate for legacy products.
SK Hynix profit tops forecast Samsung results, but shares dip on demand outlook
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 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,
Digi Times
3d
Is Broadcom Samsung's beacon of hope amid Nvidia's challenges?
Nvidia CEO Jensen Huang stated that Samsung Electronics (Samsung) must develop a "new design" to pass Nvidia's qualification, ...
cryptopolitan
9d
Nvidia’s influence on stocks may be fading, say analysts
Nvidia still has the stock-boosting power, but its strength may be waning as some investors wonder how long it will last.
Hosted on MSN
19h
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 ...
Digi Times
2d
Samsung delays 1c DRAM development to 2Q25 amid Nvidia concerns
Samsung Electronics has reportedly delayed the development of its 10nm sixth-generation 1c DRAM to June 2025. Initially ...
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