Memory maker SK Hynix reported excellent revenue results for 2024, thanks in large part to its high bandwidth memory (HBM).

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.

SK hynix, the world’s second-largest memory chip-maker, is under fire despite announcing hefty incentives for staff following record-high profits in 2024, driven by the global artificial ...

SK hynix Inc. reported financial results for 2024, with revenues surging 102% to 66.19 trillion won ($46.34 billion), driven ...

SK Hynix posted record revenue of KRW66.2 trillion (US$46.3 billion) in 2024, with an operating profit of KRW23.5 trillion, ...

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets ...

Shares in SK Hynix, a key supplier to AI chip giant Nvidia, however, dropped 3 per cent on Thursday as the company warned of steeper demand declines in commodity memory chips used in smartphones ...

The broader chip sector, including memory, has been restrained by lingering concerns over sluggish demand for autos and electronics. SK Hynix shares gained 3.4% on Wednesday, joining a rally ...