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Memory maker SK hynix's profit rises 557% amid global shortage, expansion costs climb to $27 billion — shares slide despite mammoth earnings as expectations outpace reality and global AI selloffs continue
Q3 DRAM bit shipments are guided up around 10%, one quarter after average selling prices climbed roughly 30%.
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channelnewsasia.com
SK hynix's record profit misses forecasts, shares slump 11% despite robust AI chip demand
SEOUL: South Korean chipmaker SK hynix reported bumper quarterly results on Wednesday (Jul 29) but fell short of lofty investor expectations, heightening market concerns about…
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SK Hynix posts sixfold rise in Q2 profit on AI chip demand, misses forecasts
SEOUL: South Korean chipmaker SK Hynix reported a more than sixfold increase in quarterly operating profit to a record high on Wednesday (Jul 29), driven by robust demand for…
