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.

Major South Korean companies saw their revenue from the North American market increase by around 20% in 2024, with high-bandwidth memory (HBM) market leader SK Hynix seeing the largest growth.

SEOUL, Jan 23 (Reuters) - South Korea's SK Hynix (000660.KS), opens new tab forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would more than double ...

SEOUL (Reuters) -South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would more than double this year, after reporting a ...

South Korean memory maker SK Hynix saw its exports of multi-chip packages (MCP) fall by nearly 30% sequentially in January 2025. At the same time, some analysts believe that after two years of ...

In today's video, I discuss the recent updates impacting Nvidia (NVDA 3.16%) and Micron Technology (MU 4.34%)after SK Hynix reported earnings. To learn more, check out the short video, consider ...

Shares in SK Hynix, a key supplier to AI chip giant Nvidia, however, fell as much as 4.7 per cent as the company warned of steeper demand declines in commodity memory chips used in smartphones and ...

(Bloomberg) -- This year’s 30% AI-driven rally in shares of South Korea’s SK Hynix Inc. faces threats as political issues and valuations push local investors toward domestic-focused companies.

SEOUL -- SK Hynix's profit growth slowed in the fourth quarter from the previous three months as increased output from Chinese rivals weighed on the memory chip industry as a whole. The South ...

Memory maker SK Hynix reported excellent revenue results for 2024, thanks in large part to its high bandwidth memory (HBM). As AI drove demand for hardware from AMD, Nvidia and others, firms like ...

Investing.com - Micron shares slipped in premarket US trading on Thursday after rival SK Hynix (KS:000660) posted an increase in its fourth-quarter profit underpinned by a sharp spike in demand ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chipmaker SK Hynix overtook its larger rival Samsung on quarterly profit for the first time, with its lead ...