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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.
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 profit surpasses Samsung, but shares dip on lower memory chip demand
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.
CCN on MSN
6h
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 ...
Semiconductor Engineering
1d
New Class Of Memory: Managed-Retention Memory or MRM (Microsoft Research)
A New Class of Memory for the AI Era” was published by researchers at Microsoft. Abstract “AI clusters today are one of the ...
Bloomberg L.P.
9d
High-Bandwidth Memory Chip Market Could Grow to $130 Billion by 2033, According to Bloomberg Intelligence
shows that the
high-bandwidth memory
(HBM) chip market is set to grow from $4 billion in 2023 to $130 billion by the end of the decade, driven by the explosive growth of AI computing as workloads ...
11h
on MSN
CNBC Daily Open: The S&P touches a new high
The S&P 500 shook off the December doldrums to touch a new intraday high of 6,100.81 on Thursday. It’s also just a hair away ...
eeworldonline
19h
Memory stack design reaches 4 TB/s bandwidth with eight dies
Numem will be at the upcoming Chiplet Summit to showcase its high-performance solutions. By accelerating the delivery of data ...
GameRant on MSN
13d
PNY Debuts High-Performance DDR5 SODIMM Kits Perfect for Gaming Laptops
Taking advantage of DDR5's low power consumption, PNY's latest SODIMM kits run at just 1.1 volts. On-die ECC support further ...
5h
on MSN
Nvidia impact: World's second-biggest memory chipmaker from South Korea reports over 8 trillion won profit
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips ...
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