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SK hynix posts record-high Q3 2024 profit, sales of 'explosive' demand of AI memory, HBM, eSSDs
SK hynix announces Q3 2024 financial results: breaking records once again, and cementing itself as the #1 AI memory technology provider in the world.
Nvidia supplier SK Hynix plays down AI chip oversupply concerns after record Q3 profit
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would continue to outpace supply next year.
SK Hynix Shatters Expectations with $5.1 Billion Profit, Foresees Strong Memory Chip Demand
SK Hynix ( HXSCL, Financial ), the chip maker from South Korea, posted an operating profit of 7.03 trillion won ($5.1 billion) for the third quarter 2024, and revenues were nearly double the expectation.
SK Hynix Profit Momentum Continues on AI-Chip Demand
SK Hynix posted record earnings in the third quarter as it continued to ride strong demand for powerful computing chips to support artificial-intelligence applications.
SK Hynix Posts Record Quarterly Profit On Strong AI Demand
South Korean chip giant SK hynix reported record quarterly profits Thursday thanks to soaring global demand for artificial intelligence, and gave a positive outlook for next year.
Nvidia Supplier SK hynix Reports Record Third-Quarter Financial Results Amid Strong AI Memory Demand
Driven by strong demand for AI-related memory products, Nvidia (NVDA, Financials) supplier SK hynix achieved record financial performance for the third quarter of 2024. With sales of 17.57 trillion won,
Nvidia supplier SK Hynix sees no AI chip oversupply as profit soars to record
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would continue to outpace supply next year.
SK Hynix stands to benefit from increased AI demand, says analyst
Nam Hyung, research partner and equity research analyst at KIM Arete, discusses SK Hynix's record earnings and demand for its AI memory products.
[Minute to Read] SK Hynix posts record Q3 profit as AI boom drives chip sales
The Minute to Read (Weekdays) series provides a quick overview of significant events in Korea everyday, conveniently condensed into a one-minute read. Here’s a recap of what happened yesterday: Oct. 24.
Nvidia Supplier SK Hynix Q3 Profits Soar, Driven by High-Bandwidth Memory Demand in AI
Nvidia Supplier SK Hynix posted record third-quarter profits driven by strong demand for its high-bandwidth memory used in generative AI. Revenue grew 94% year-over-year, slightly below analyst estimates.
SK Hynix Posts Record Gains Thanks to Generative AI Demand
SK Hynix, one of the world’s largest memory chipmakers, reported a record quarterly profit for the third quarter, driven by the surging demand for high bandwidth memory (HBM) used in generative AI. The South Korean company posted an operating profit of 7.
1d
on MSN
Morgan Stanley Analysts Say They Were Wrong on SK Hynix Target
Morgan Stanley analysts have raised their price target for SK Hynix Inc. about six weeks after downgrading the stock, a move ...
Bloomberg L.P.
2d
SK Hynix Posts Record Profit After AI Demand Powers On
SK
Hynix
Inc. posted record quarterly profit and revenue, reflecting strong demand for the memory chips used with Nvidia ...
Digi Times
1d
SK Hynix dismisses HBM oversupply concerns, deepens TSMC partnership for HBM4 development
SK Hynix delivered a record-breaking performance in the third quarter of 2024 with both revenue and operating profit reaching ...
Datacenter Dynamics
1d
SK Hynix posts record quarterly revenues, says demand for AI memory will carry into 2025
SK Hynix has posted record revenues for Q3 2024, with its operating profit jumping 28.6 percent from the previous to hit $5.1 ...
1d
on MSN
Nvidia Stock Gains. How Tesla, SK Hynix Are Helping.
Nvidia stock was rising early Thursday. Earnings reports from electric-vehicle maker Tesla and memory-chip manufacturer SK ...
Digi Times
2d
SK Hynix maintains edge in HBM3E, but HBM4 certification and Samsung's pursuit pose risks
SK Hynix will announce its financial results for the third quarter of 2024 on4. During its previous earnings call, the ...
Business Recorder
1d
South Korean shares rise as chipmaker SK Hynix extends gains; set for weekly loss
SK Hynix gained 1.41%, after rising 1.12% on Thursday on a record quarterly profit. Rival Samsung Electronics fell 1.06%.
YTN
2d
hbm wing hynix...samsung electronics beat him again.
SK
Hynix
recorded its highest-ever performance in the third quarter of this year due to high bandwidth memory and HBM ...
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