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SK Hynix Posts Record Profit, More
Nvidia supplier SK Hynix plays down AI chip oversupply concerns after record Q3 profit
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would continue to outpace supply next year.
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Operating profit for the third-quarter hit 7.03 trillion won ($5.08 billion), a record high, beating LSEG forecast of 6.8 trillion won.
Nvidia Supplier SK Hynix Reports Record-Breaking Quarterly Profit As AI Demand Drives 7% Revenue Surge
SK Hynix, a major memory chipmaker and a key supplier to NVIDIA, has announced a record-breaking quarterly profit, driven by the rising demand for artificial intelligence technology.
Bloomberg L.P.
1d
SK Hynix Posts Record Profit After AI Demand Powers On
SK
Hynix
Inc. posted record quarterly profit and revenue, reflecting strong demand for the memory chips used with Nvidia ...
1d
on MSN
SK Hynix Profit Momentum Continues on AI-Chip Demand
SK Hynix posted record earnings in the third quarter as it continued to ride strong demand for powerful computing chips to ...
Datacenter Dynamics
14h
SK Hynix posts record quarterly revenues, says demand for AI memory will carry into 2025
SK Hynix has posted record revenues for Q3 2024, with its operating profit jumping 28.6 percent from the previous to hit $5.1 ...
TweakTown
2d
SK hynix shows off HBM3E 12-Hi chips: 12 chips stacked, 40% thinner than 8-Hi stacks for 2025
SK hynix shows off its cutting-edge HBM3E 12-Hi stack at the OCP Global Summit: max capacity of 36GB by making the DRAM chips ...
17h
Morgan Stanley Analysts Say They Were ‘Wrong’ on SK Hynix Target
Morgan Stanley analysts have raised their price target for SK Hynix Inc. about six weeks after downgrading the stock, a move ...
1d
on MSN
SK Hynix stands to benefit from increased AI demand, says analyst
Nam Hyung, research partner and equity research analyst at KIM Arete, discusses SK Hynix's record earnings and demand for its ...
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