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 ...

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Micron slumps as bleak quarterly forecast clouds AI-related boost December 19, 2024 The U.S. Commerce Department on Thursday finalized an award to SK Hynix of up to $458 million in government ...

South Korean memory-chip maker SK Hynix has reported record quarterly and annual results, driven by strong demand for its high-bandwidth memory (HBM) products used in artificial intelligence (AI) ...

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SK Hynix is on the brink of potentially overtaking Samsung Electronics in operating profit this year, signaling a historic shift in the domestic semiconductor landscape. Analysts estimate that SK ...

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