Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.
Nvidia Partner SK Hynix Posts Record Profit During AI Boom
SK Hynix Inc. reported a record quarterly profit after the company extended its lead in advanced memory chips for datacenters and artificial intelligence development.
Nvidia supplier SK Hynix posts record quarterly profit on AI chip demand
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.
SK Hynix Posts Strong Fourth-Quarter Net Profit on AI Boom
The South Korean memory-chip maker posted stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.
SK Hynix Dips After Record Profit Misses Lofty Expectations
SK Hynix Inc.’s shares slid 4.7% after its record quarterly profit and modest capex plans failed to impress investors betting on insatiable AI demand for advanced memory chips.
SK Hynix posts record quarterly profit surpassing Samsung on AI boom
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 fourth-quarter profit soars to a record high, beating expectations on AI boom
South Korea’s SK Hynix, one of the world’s largest memory chipmakers supported by strong sales of high bandwidth memory (HBM) used in generative AI.
AI chip boom powers SK hynix to record 2024 profits and sales surge
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).
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