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SK Hynix profit soars to a record high on AI boom
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.
Nvidia Supplier SK Hynix Soars 102% In Revenue, But Stock Drops Despite AI Memory Boom
SK hynix Inc. reported financial results for 2024, with revenues surging 102% to 66.19 trillion won ($46.34 billion), driven by explosive demand for artificial intelligence memory products.
Nvidia Supplier SK Hynix Posts Record Quarterly Profit
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as high bandwidth memory (HBM) used in generative AI chipsets. According to Reuters calculation,
7h
on MSN
CNBC Daily Open: The S&P touches a new high
The S&P 500 shook off the December doldrums to touch a new intraday high of 6,100.81 on Thursday. It’s also just a hair away ...
Semiconductor Engineering
20h
New Class Of Memory: Managed-Retention Memory or MRM (Microsoft Research)
A New Class of Memory for the AI Era” was published by researchers at Microsoft. Abstract “AI clusters today are one of the ...
Bloomberg L.P.
9d
High-Bandwidth Memory Chip Market Could Grow to $130 Billion by 2033, According to Bloomberg Intelligence
shows that the
high-bandwidth memory
(HBM) chip market is set to grow from $4 billion in 2023 to $130 billion by the end of the decade, driven by the explosive growth of AI computing as workloads ...
eeworldonline
15h
Memory stack design reaches 4 TB/s bandwidth with eight dies
Numem will be at the upcoming Chiplet Summit to showcase its high-performance solutions. By accelerating the delivery of data ...
3d
Marvell Technology: A High-Growth AI Powerhouse Heading Into 2025
Marvell Technology stands out as a leader in the transition to custom silicon AI, offering efficient and cost-effective ...
10d
Solid State Storage And Memory At The 2025 CES
SanDisk, Kioxia, SK hynix, Micron, Samsung and Macronix were showing their storage and memory solutions at the 2025 CES.
Semiconductor Engineering
7d
Choosing The Right Memory Solution For AI Accelerators
The different flavors of DRAM each fill a particular AI niche.
Datacenter Dynamics
12d
Micron to invest $7bn in memory chip manufacturing in Singapore
Micron plans to invest around $7 billion over the next five years to boost memory chip production in Singapore. The company ...
8d
Imec spins out Vertical Compute memory chip firm in $20.5M deal
Europe's Imec.xpand is spinning out memory chip firm Vertical Compute in a seed investment round worth $20.5 million.
1h
on MSN
Nvidia impact: World's second-biggest memory chipmaker from South Korea reports over 8 trillion won profit
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips ...
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