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Nvidia supplier SK Hynix sees no AI chip oversupply
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.
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Operating profit for the third-quarter hit 7.03 trillion won ($5.08 billion), a record high, beating LSEG forecast of 6.8 trillion won.
Nvidia Supplier SK Hynix Reports Record-Breaking Quarterly Profit As AI Demand Drives 7% Revenue Surge
SK Hynix, a major memory chipmaker and a key supplier to NVIDIA, has announced a record-breaking quarterly profit, driven by the rising demand for artificial intelligence technology.
2d
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 ...
TweakTown
1d
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 ...
2d
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 ...
Bloomberg L.P.
4d
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 ...
Datacenter Dynamics
2d
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 ...
Digi Times
2d
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 ...
1d
samsung electronics, sk hynix, kospi market share gap lowest in 13 years
Samsung Electronics and SK Hynix's mixed stock prices have narrowed the gap between the two companies' market capitalization ...
Yonhap News English on MSN
1d
Market Cap Gap Between Samsung Electronics and SK Hynix Hits 13-Year Low
Shares in Samsung Electronics have suffered declines due to lower-than-expected earnings results in the third quarter and ...
Digi Times
3d
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 ...
tom's Hardware on MSN
1d
SK hynix and Tesla are reportedly discussing $725 million SSD deal for Dojo datacenters
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