SK Hynix profit soars to a record high on AI boom
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 would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.
SK hynix has just posted its best-ever yearly earnings for 2024: $46.1 billion in sales, revenues increased by 102% thanks to ...
Memory maker SK Hynix reported excellent revenue results for 2024, thanks in large part to its high bandwidth memory (HBM). As AI drove demand for hardware from AMD, Nvidia and others, firms like ...
(Bloomberg) -- This year’s 30% AI-driven rally in shares of South Korea’s SK Hynix Inc. faces threats as political issues and valuations push local investors toward domestic-focused companies.
SK Hynix posted record revenue of KRW66.2 trillion (US$46.3 billion) in 2024, with an operating profit of KRW23.5 trillion, ...
The figures were in line with the market consensus compiled by market tracker FnGuide. In the fourth quarter alone, SK hynix recorded a 2,235 percent on-year surge in operating profit to 8.1 ...
SK Hynix is scheduled to report its fourth-quarter results Thursday. Here is what you need to know: NET PROFIT FORECAST: The South Korean memory-chip maker is expected to post net profit of 5.998 ...
Chosun Biz and ICSmart report that Samsung Electronics plans to reduce NAND wafer production at its Xi'an factory in China by ...
Based on the financial result, at the end of 2024, cash equivalent increased by 5.2 trillion won to 14.2 trillion won and debt decreased by 6.8 trillion won to 22.7 trillion won compared to the end of ...
Employees complain SK hynix 'scapegoat' in SK Group's cost-cutting measures SK hynix, the world’s second-largest memory ...
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