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 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 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chipmaker SK Hynix overtook its larger rival Samsung on quarterly profit for the first time, with its lead ...

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would more than double this year, after reporting a quarterly profit record ...

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 ...