SK Hynix profits beat Samsung’s for first time on AI boom
Chipmaker SK Hynix overtook its larger rival Samsung on quarterly profit for the first time, with its lead in advanced memory chips producing robust sales that it expects to double this year as a boom in artificial intelligence data centres continues.
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.
As Samsung Electronics (Samsung) attempts to reshape the global memory market through its sixth-generation high bandwidth ...
SK hynix posted multiple record highs in its 2024 earnings, boosted by the robust sales of its high-bandwidth memory (HBM) ...
The result compared with an 8 trillion won average forecast by LSEG SmartEstimate, which is weighted toward analysts who are ...
SK Hynix is poised to achieve a record-high operating profit in 2024, potentially surpassing Samsung Electronics (Samsung) for the first time. The company maintains its optimistic outlook on the high ...
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SK Hynix Closes the Book on a Banner Year for High-Bandwidth MemoryThe company’s Q4 revenue increased by 12%, and its operating profit rose by 15%, making for its best quarter ever, SK Hynix said in a statement. The company also announced that its revenue for the ...
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