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TL;DR: SK hynix reported record profits in 2024, driven by high demand for its HBM memory used in AI chips, achieving sales of 66.1 trillion won and operating profits of 23.4 trillion won.

SK Hynix Inc, the main supplier of high-bandwidth memory to Nvidia Corp, reported a record quarterly profit that surpassed its bigger rival Samsung. South Korea’s SK Hynix posted an operating ...

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SK hynix, the world’s second-largest memory chip-maker, is under fire despite announcing hefty incentives for staff following record-high profits in 2024, driven by the global artificial ...

The figures were in line with the market consensus compiled by market tracker FnGuide. In the fourth quarter alone, SK hynix recorded a 2,235 percent on-year surge in operating profit to 8.1 trillion ...

SK Hynix posted record revenue of KRW66.2 trillion (US$46.3 billion) in 2024, with an operating profit of KRW23.5 trillion, yielding a 35% margin. Net income reached ...

Micron slumps as bleak quarterly forecast clouds AI-related boost December 19, 2024 The U.S. Commerce Department on Thursday finalized an award to SK Hynix of up to $458 million in government ...

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South Korean memory-chip maker SK Hynix has reported record quarterly and annual results, driven by strong demand for its high-bandwidth memory (HBM) products used in artificial intelligence (AI) ...

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