South Korean memory chip maker SK Hynix saw its operating profit jump 29% from the previous quarter to a record 7 trillion won (US$5.1B) in Q3.

The South Korean memory leader noted strong demand of memory for AI servers, with HBM memory share of DRAM revenues for SK hynix in Q3 2024 hitting 30% and forecasted to reach 40% in Q4 2024 ...

In October, individual investors in South Korea have sold nearly 4 million shares of SK Hynix, with an average selling price of around 180,000 won ($129.60) per share—over 5% lower than the current ...

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Morgan Stanley analysts have raised their price target for SK Hynix Inc. about six weeks after downgrading the stock, a move that came after the bank’s sale order of the chipmaker’s shares ...

SK Hynix has posted record revenues for Q3 2024, with its operating profit jumping 28.6 percent from the previous to hit $5.1 billion. It is the highest quarterly operating profit ever recorded by the ...

South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would ...

SK hynix, the world’s second-largest memory chip maker by revenue, said Thursday it logged all-time high profit, sales and net income in the July-September period this year, riding on the robust ...

South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would ...

SK hynix posted on Wednesday what it called its "highest revenue since its foundation" for Q3 2024 as it pledged to continue minuting more AI chips. Revenue totaled ₩17.6 trillion ($12.7 billion), up ...

(ATTN: ADDS more info in paras 15-18, 21-24, new photo) SEOUL, Oct. 24 (Yonhap) -- SK hynix Inc. said Thursday its third-quarter sales and profit hit all-time highs on robust demand for its premium ...