Apple and other big U.S. companies reporting fatter profits than expected are helping stock indexes shave off more of their ...

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

Samsung Electronics Co. has obtained approval to supply a version of its fifth-generation high-bandwidth memory chips to ...

In its earnings presentation, Tesla maintained its timeline for self-driving robotaxis. FSD is short for Full Self Driving, ...

Tesla reported weaker-than-expected earnings. Shares were down shortly after the results were released. For the fourth ...

SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective ...

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.

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.

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 ...