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.
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.
Nvidia supplier SK Hynix posts record profit, outshining Samsung in AI chip sales
South Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of its advanced chips such as high bandwidth memory (HBM) ones used in generative artificial intelligence (AI) chipsets.
Nvidia supplier SK Hynix posts record Q3 profit as AI demand powers on
SK Hynix sees HBM sales making up 40 per cent of its total Dram revenue in the fourth quarter, up from 30 per cent in the third quarter, and added it expects memory chip demand for AI servers to grow further next year as global tech companies continue developing generative AI.
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.
With record revenue, SK hynix brushes off suggestion of AI chip oversupply
How embarrassing for Samsung SK hynix posted on Wednesday what it called its "highest revenue since its foundation" for Q3 2024 as it pledged to continue minuting more AI chips.… Revenue totaled ₩17.6 trillion ($12.
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 ...
Chip Stocks Are Still the AI Winners. SK Hynix Earnings Prove It.
SK Hynix and Micron compete in selling high-bandwith memory chips for AI processors. There looks to be plenty of demand to go ...
tom's Hardware on MSN12h
SK hynix and Tesla are reportedly discussing $725 million SSD deal for Dojo datacenters
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