SK Hynix profit soars to a record high on AI boom

SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.
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.
Nvidia Supplier SK Hynix Soars 102% In Revenue, But Stock Drops Despite AI Memory Boom
SK hynix Inc. reported financial results for 2024, with revenues surging 102% to 66.19 trillion won ($46.34 billion), driven by explosive demand for artificial intelligence memory products.
SK Hynix fourth-quarter profit soars to a record high, beating expectations on AI boom
South Korea's SK Hynix, one of the largest memory chipmakers in the world, posted record quarterly earnings on Thursday, supported by strong sales of high bandwidth memory (HBM) used in generative AI.
SK Hynix’s Stock Dips After 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.
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.
Hosted on MSN3d
SK Hynix Closes the Book on a Banner Year for High-Bandwidth Memory
Memory maker SK Hynix reported excellent revenue results for 2024, thanks in large part to its high bandwidth memory (HBM).
Riding high on AI boom, SK hynix beats earnings estimates
Buoyed by record sales and profits, chipmaker offers rosy outlook as HBM leader SK hynix, the world's second-largest memory ...
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) ...
The Register on MSN3d
SK hynix wobbles on market uncertainty, despite record 2024 earnings
However, SK's shares dropped by as much as 4.7 percent after chief financial officer Kim Woo-hyun warned of weaker demand ...
Digi Times3d
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 ...
Nvidia partner SK Hynix’s profit fails to impress AI chip bulls
SK Hynix Inc.’s shares slid after record quarterly results failed to impress investors grappling with stagnant smartphone ...
CCN on MSN3d
SK Hynix Reports Record Earnings as it Pulls Ahead of Samsung in HBM4 Race
SK Hynix has posted its strongest-ever quarterly and annual performance. The record earnings reflect the firm’s rising ...