SK Hynix posts record quarterly profit surpassing Samsung on AI boom

Sebastian Ujică

SEOUL :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. Shares in SK Hynix, a key supplier to AI chip giant Nvidia, however, dropped 4 per cent on Thursday as the company warned of steeper price declines in commodity memory chips used in smartphones and computers, due to slowing demand and growing competition from

Nvidia supplier SK Hynix posts record quarterly profit on AI chip demand https://www.channelnewsasia.com - 23.01.2025 01:47
Nvidia supplier SK Hynix posts record quarterly profit https://www.channelnewsasia.com/ - 23.01.2025 01:24

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Nvidia supplier SK Hynix posts record quarterly profit on AI chip demand https://www.channelnewsasia.com - 23.01.2025 01:47
Nvidia supplier SK Hynix posts record quarterly profit https://www.channelnewsasia.com/ - 23.01.2025 01:24