Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong ...

The South Korean memory-chip maker posted stronger-than-expected earnings for the final quarter of 2024 on robust chip demand ...

(Bloomberg) -- This year’s 30% AI-driven rally in shares of South Korea’s SK Hynix Inc. faces threats as political issues and valuations push local investors toward domestic-focused companies.

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

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 ...

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.

Memory maker SK Hynix reported excellent revenue results for 2024, thanks in large part to its high bandwidth memory (HBM). As AI drove demand for hardware from AMD, Nvidia and others, firms like ...

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 ...

SK Hynix posted record revenue of KRW66.2 trillion (US$46.3 billion) in 2024, with an operating profit of KRW23.5 trillion, yielding a 35% margin. Net income reached ...