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.
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SK hynix posts record revenues and profits as AI industry drives surge in HBM3 and HBM3E demandSales of AI memory solutions, including HBM3 and eSSDs, drove SK hynix's revenues and profits to record levels.
Ashvini Byri's successful implementation of the Chipkill algorithm at SK Hynix stands as a testament to innovative leadership ...
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 ...
Based on the financial result, at the end of 2024, cash equivalent increased by 5.2 trillion won to 14.2 trillion won and debt decreased by 6.8 trillion won to 22.7 trillion won compared to the end of ...
SK Telecom noted that the partnership aims to uncover new business opportunities in the Asia-Pacific and Middle Eastern ...
Following the release of its financial results showcasing impressive performance, SK Hynix remains cautious about adjusting production levels due to the sluggish demand for NAND flash. However, the ...
Nvidia stock rose modestly early Friday as investors digested a raft of mixed news over the past few days. Shares were up 0.1 ...
The U.S. stock market closed higher Thursday, bringing the year-to-date gain of the SPDR S&P 500 ETF Trust SPY to 4%. The S&P 500 climbed 0.5% on Thursday to a record high, lifted by a broad rally ...
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