SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand
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.
SK hynix Inc. reported financial results for 2024, with revenues surging 102% to 66.19 trillion won ($46.34 billion), driven ...
Nvidia stock rose modestly early Friday as investors digested a raft of mixed news over the past few days. Shares were up 0.1 ...
The result compared with an 8 trillion won average forecast by LSEG SmartEstimate, which is weighted toward analysts who are ...
Shares of Micron (NASDAQ:MU) are down about 3.5% on the day. About This Article Shares of Micron are down about $4.50 on the day thanks to Nvidia supplier, SK Hynix. Granted, SK Hynix did post a ...
SK Hynix still finds strong demand for AI-related chips even with uncertainty ahead. However, experts caution that artificial ...
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SK Hynix Closes the Book on a Banner Year for High-Bandwidth MemoryThe company’s Q4 revenue increased by 12%, and its operating profit rose by 15%, making for its best quarter ever, SK Hynix said in a statement. The company also announced that its revenue for the ...
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This Analyst Thinks Nvidia Stock Is Part of the ‘Trump Trade.’ Why That’s Good News for NVDA Fans.As Donald Trump begins his second presidential term, market participants’ clamor for the “Trump Trade” is growing stronger. Marked by expectations around deregulation, tax cuts, infrastructure ...
This year’s 30% AI-driven rally in shares of South Korea’s SK Hynix Inc. faces threats as political issues and valuations ...
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