SK Hynix

SK hynix Inc. reported financial results for 2024, with revenues surging 102% to 66.19 trillion won ($46.34 billion), driven by explosive demand for artificial intelligence memory products. The South Korean semiconductor manufacturer, a critical supplier to Nvidia Corp. (NASDAQ:NVDA), transformed...

SK Hynix (OTC:HXSCF), a major memory chipmaker and a key supplier to Nvidia Corp. (NASDAQ:NVDA), has announced a record-breaking quarterly profit, driven by the rising demand for artificial intelligence technology. What Happened: The South Korean semiconductor company posted revenues of 17.5731...

Hundreds of engineers from Samsung Electronics Co Ltd. (OTC:SSNLF) are reportedly applying for a limited number of job openings at rival firm SK Hynix, amidst ongoing chip industry challenges. What Happened: Around 200 Samsung employees have expressed interest in three job...

SK Hynix (OTC:HXSCF) shares soared over 9% on Thursday following the commencement of mass production of their latest high-bandwidth memory chips. What Happened: The South Korean company has introduced the HBM3E chips, which feature 12 layers and offer 50% more capacity than the previous eight-layer...

NVIDIA Corp‘s (NASDAQ:NVDA) key supplier for high-bandwidth memory chips SK Hynix (OTC:HXSCF) declined over 6% on the South Korean exchange after Morgan Stanley downgraded the Korean memory chipmaker to underweight from overweight. What Happened: Morgan Stanley in a brokerage note...

Shares of South Korean chip supplier, SK Hynix Inc., have soared over 90% in the past year, and Wall Street analysts predict further growth. What Happened: In the past month, 19 analysts have revised their forecasts upwards for SK Hynix, a major supplier of high-bandwidth memory chips to Nvidia...

South Korea’s SK Group, the parent company of Nvidia‘s chip supplier SK Hynix, has announced plans to amass 80 trillion won ($56 billion) by 2026. The funds will be primarily directed towards investments in artificial intelligence (AI) and semiconductors. What Happened: The company...

In defiance of U.S. trade restrictions, China’s leading memory chip manufacturer, Yangtze Memory Technologies Corporation, is experiencing a significant surge in domestic demand for its flash memory chips, particularly from government and military-related projects. What Happened: Wuhan-based...

Samsung Electronics Co (OTC:SSNLF) has appointed a new head for its semiconductor division, aiming to address the “chip crisis” and compete in the AI chip market. What Happened: Samsung has named Young Hyun Jun as the new chief of its semiconductor division, effective immediately,...

The ongoing artificial intelligence boom has put two South Korean chipmakers, Samsung Electronics Co (OTC:SSNLF) and SK Hynix, in the spotlight. Industry experts are now discussing which company is the better investment in this AI-driven market. What Happened: The AI boom has significantly...

South Korean semiconductor company SK Hynix has revealed that its high-bandwidth memory (HBM) chips, crucial for AI chipsets, are almost sold out for 2025. This is due to the increasing demand for artificial intelligence services, primarily driven by the AI industry’s expansion. What Happened...

SK Hynix, a key supplier to NVIDIA Corporation (NASDAQ:NVDA), has reported its first profitable quarter in five, attributing the turnaround to soaring demand for AI chips. What Happened: The South Korean memory chip manufacturer recorded a net profit of 1.92 trillion South Korean won ($1.39 billion...

Micron Technology Inc (NASDAQ:MU) is a stalwart in computer memory and storage solutions. Currently, the company is at a critical juncture as it navigates through an evolving semiconductor market. While the company touts progress in AI-driven memory chips and its bid for a substantial share of the...

It’s been a trying process, hampered by legal interference and government pushback, but Toshiba Corp has finally committed to selling its memory chip unit. The Japanese firm reportedly closed a ¥2 trillion ($18 billion) deal with an American group led by Bain Capital early Wednesday. The...

Turmoil in Japan has semiconductor stocks on the move, as Toshiba faces pressure on two fronts over the sale of its highly-prized chip business. The company failed to sell the business by Wednesday, a self-imposed deadline coinciding with its annual shareholder meeting. The Offers Toshiba had no...