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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.

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 ...

SK's factory investment plan for high-bandwidth memory (HBM) chips this year also underwhelmed investors, analysts said. Before the result, SK Hynix shares had jumped about 30% this year on ...

(Bloomberg) -- 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.

SK Hynix's memory business in China faces numerous uncertainties due to the ongoing US-China conflict. Chief Production Officer (CPO) Young-Sik Kim will reportedly lead the Wuxi fab in response to ...

SK hynix Inc. has signed an agreement with SK Telecom and Penguin Solutions in Las Vegas to promote joint R&D and business of AI data center solutions. The signing ceremony was attended by key ...

SK Hynix said that it achieved its all-time high results on continued strong demand for AI memory. South Korea's SK Hynix, one of the largest memory chipmakers in the world, posted record ...

SK Hynix has reported its best-ever yearly revenue of 66.19 trillion won in 2024, an increase of over 21 trillion won compared to 2023. The operating profit of SK Hynix for the year reached 23.47 ...

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 ...