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.
SK Hynix Inc.’s shares slid after record quarterly results failed to impress investors grappling with stagnant smartphone demand and questions about AI spending in 2025.
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as high-bandwidth memory (HBM) used in generative artificial intelligence chipsets.
Shares of Micron (NASDAQ:MU) are down about 3.5% on the day. About This Article  Shares of Micron are down about $4.50 on the day thanks to Nvidia supplier, SK Hynix. Granted, SK Hynix did post a record quarterly profit.
SK hynix has just posted its best-ever yearly earnings for 2024: $46.1 billion in sales, revenues increased by 102% thanks to HBM and AI demand.
SK Hynix Inc., a major supplier of memory chips, has announced record quarterly earnings. However, investors have reacted cautiously. Concerns about smartphone demand and future AI spending have tempered enthusiasm.
The result compared with an 8 trillion won average forecast by LSEG SmartEstimate, which is weighted toward analysts who are more consistently accurate. SK Hynix's quarterly opera
Industry sources indicate that thermal issues associated with GB200 have prompted major clients including Microsoft, Amazon, Google, and Meta to reduce their orders, impacting not only Nvidia's product sales and revenue but also creating significant implications for its primary HBM supplier,
TL;DR: NVIDIA's Rubin GPU architecture is set for trial production in 2H 2025, with SK hynix advancing HBM4 memory production to Q3 2025. NVIDIA aims to release new AI GPU architectures faster, with SK hynix as its exclusive HBM4 supplier. Rubin R100 AI ...
The company’s Q4 revenue increased by 12%, and its operating profit rose by 15%, making for its best quarter ever, SK Hynix said in a statement. The company also announced that its revenue for the year was 66.1930 trillion won (roughly $46.13 billion). SK Hynix raised its annual fixed dividend for shareholders by 25%.
Chipmaking giant SK hynix has surpassed its biggest rival, Samsung Electronics, for the first time ever in terms of quarterly profit, data showed on Tuesday, as its robust sales of artificial intelligence (AI) memory chips pushed up its fourth-quarter figures to record highs.
Chipmaking giant SK hynix has surpassed its biggest rival, Samsung Electronics Inc., for the first time ever in terms of quarterly profit, data showed Tuesday, as its robust sales of artificial intelligence (AI) memory chips pushed up its fourth-quarter figures to record highs.