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.
SK Hynix Inc.’s shares slid 4.7% after its record quarterly profit and modest capex plans failed to impress investors betting ...
SK Hynix still finds strong demand for AI-related chips even with uncertainty ahead. However, experts caution that artificial ...
The Register on MSN7h
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 reports record Q4 earnings, driven by strong AI memory chip sales. Outlook for 2025 dims amid inventory adjustments ...
ExtremeTech on MSN1h
SK Hynix Closes the Book on a Banner Year for High-Bandwidth MemoryThe 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 ...
SK hynix posted multiple record highs in its 2024 earnings, boosted by the robust sales of its high-bandwidth memory (HBM) ...
Shares of memory chips maker Micron (NYSE:MU) fell 5.3% in the morning session after peer, SK Hynix, raised concerns about ...
24/7 Wall St. on MSN24m
Wall Street Expert Expects This AI Stock to Pop Over 138% This YearMicron (NASDAQ: MU) makes memory chips and storage for phones and computers. However, these chips can also be used for data centers and it is now one of the key players in the AI business. The stock ...
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