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.

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 ...