SK Hynix profit tops forecast Samsung results, but shares dip on demand outlook
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 expects to surpass Samsung Electronics in operating profit this year
SK hynix is estimated to have surpassed Samsung Electronics' Device Solutions (DS·semiconductor) division operating profit, recording the largest results ever last year. Securities firms projected that SK hynix's operating profit will further increase this year, not lagging behind Samsung Electronics' entire institutional sector.
Chipmaker SK Hynix posts record quarterly profit surpassing Samsung on AI boom
SEOUL - South Korea’s SK Hynix on Jan 23 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 (AI) chipsets.
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the ...
The Register on MSN3d
SK hynix wobbles on market uncertainty, despite record 2024 earningsHowever, SK's shares dropped by as much as 4.7 percent after chief financial officer Kim Woo-hyun warned of weaker demand ...
SK Hynix plans to have 400-layer NAND flash this year, though it’s possible that production won’t ramp up until 2026. The company said that it expects to continue its HBM3E DRAM production to ...
To meet this demand, SK hynix will increase HBM3E supply, develop HBM4, and transition to advanced processes for DDR5 and LPDDR5 production. For 3D NAND flash memory, the company will prioritize ...
Nvidia CEO Jensen Huang stated that Samsung Electronics (Samsung) must develop a "new design" to pass Nvidia's qualification, ...
SK hynix posted multiple record highs in its 2024 earnings, boosted by the robust sales of its high-bandwidth memory (HBM) ...
SEOUL, Jan. 23 (Korea Bizwire) — SK Hynix announced on January 23 that it expects its revenue from high-bandwidth memory (HBM) products to more than double in 2025 compared to the previous year, ...
SK hynix Inc. reported financial results for 2024, with revenues surging 102% to 66.19 trillion won ($46.34 billion), driven ...
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 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 ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback