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TL;DR: SK hynix reported record profits in 2024, driven by high demand for its HBM memory used in AI chips, achieving sales of 66.1 trillion won and operating profits of 23.4 trillion won.

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SEOUL – South Korea’s SK Hynix has forecast that sales of its high-end semiconductors used in generative artificial intelligence (AI) chipsets would double in 2025 after reporting a record ...

The figures were in line with the market consensus compiled by market tracker FnGuide. In the fourth quarter alone, SK hynix recorded a 2,235 percent on-year surge in operating profit to 8.1 trillion ...

SK Hynix Inc, the main supplier of high-bandwidth memory to Nvidia Corp, reported a record quarterly profit that surpassed its bigger rival Samsung. South Korea’s SK Hynix posted an operating ...

SEOUL -- SK Hynix's profit growth slowed in the fourth quarter from the previous three months as increased output from Chinese rivals weighed on the memory chip industry as a whole. The South ...

SEOUL, Jan. 23 (Yonhap) -- South Korean chipmaking giant SK hynix Inc. said Thursday its fourth-quarter earnings hit a record high on rising demand for artificial intelligence (AI) chips, including ...

SK Hynix 0006601.86%increase; green up pointing triangle reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024, as it continued to ...

SK's factory investment plan for high-bandwidth memory (HBM) chips this year also underwhelmed investors, analysts said. Before the result, SK Hynix shares had jumped about 30% this year on ...

SK Hynix confident in HBM4, prepares for 1c DRAM mass production Samsung reportedly reassigns 2,000 engineers to Pyeongtaek in a bid to overcome HBM challenges Samsung bets on 1c-nm DRAM to ...