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SK Hynix posts record quarterly profit surpassing Samsung on AI boom

Channel News Asia LogoChannel News Asia6h ago

SK Hynix posts record quarterly profit surpassing Samsung on AI boom - Channel News Asia

Quick Summary:

SEOUL :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 artificial intelligence chipsets.

The quarterly operating profit of 8.1 trillion won ($5.

The logos of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016.


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SK Hynix posts record quarterly profit surpassing Samsung on AI boom - Channel News Asia (Picture 1)SK Hynix posts record quarterly profit surpassing Samsung on AI boom - Channel News Asia (Picture 2)

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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 06:46:40 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 449 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 25351277

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 46 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 43 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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