SK Hynix's shares slumped, hit by the shock from Chinese artificial-intelligence startup DeepSeek as stock trading resumed in South Korea after a four-day holiday.
South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets ...
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 ...