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SK Hynix Reports Record Q3 Profits Driven by Soaring AI Memory Demand

SK Hynix Reports Record Q3 Profits Driven by Soaring AI Memory Demand

Chip Maker SK Hynix Posts Record Quarter as AI Memory Demand Overwhelms Supply
Chip Maker SK Hynix Posts Record Quarter as AI Memory Demand Overwhelms Supply

SK Hynix's quarterly revenue topped 100 trillion won for the first time, and the chipmaker says memory demand will outrun supply through 2030, with DRAM and HBM sold out through 2029.

SK Hynix third-quarter profit sharply beats estimates on AI memory boost
SK Hynix third-quarter profit sharply beats estimates on AI memory boost

South Korean chipmaker SK Hynix on Wednesday reported its third-quarter earnings.

South Korean chip giant SK Hynix’s 3Q profits surge
South Korean chip giant SK Hynix’s 3Q profits surge

The sevenfold jump in the chip giant’s earnings come after official data showed South Korea’s GDP growth beat analysts’ expectations, the latest sign of a tech boom driving nationwide economic growth.

Memory-Chip Maker SK Hynix Smashes Q3 Targets, Stock Jumps
Memory-Chip Maker SK Hynix Smashes Q3 Targets, Stock Jumps

South Korea-based memory-chip maker SK Hynix smashed expectations for the third quarter. SK Hynix stock jumped on the news.

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