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.
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.
Chipmaker SK Hynix posts record quarterly profit surpassing Samsung on AI boom
SEOUL - South Korea’s SK Hynix on Jan 23 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 (AI) chipsets.
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).
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,
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.
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