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SK Hynix profit surpasses Samsung

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 more than double this year, after reporting a quarterly profit record that beat a results estimate for rival Samsung.

The Financial Times · 1d

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.

tech · 1d

Nvidia Partner SK Hynix Sees Record Profits, Fails to Impress AI Chip Bulls

SK Hynix Inc., a major supplier of memory chips, has announced record quarterly earnings. However, investors have reacted cautiously. Concerns about smartphone demand and future AI spending have tempered enthusiasm.

ExtremeTech on MSN15h

SK Hynix Closes the Book on a Banner Year for High-Bandwidth Memory

The 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 ...

1don MSN

Nvidia impact: World's second-biggest memory chipmaker from South Korea reports over 8 trillion won profit

The result compared with an 8 trillion won average forecast by LSEG SmartEstimate, which is weighted toward analysts who are ...

Digi Times12h

SK Hynix confident in HBM4, prepares for 1c DRAM mass production

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 ...

SK hynix becomes most profitable Korean company in Q4 2024

SK hynix posted multiple record highs in its 2024 earnings, boosted by the robust sales of its high-bandwidth memory (HBM) ...

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