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SK hynix returns to profit in Q1 on solid demand for AI chips

SK hynix Inc. said Thursday it swung to a profit in the first quarter of this year on the back of rising global demand for premium memory chip products used for artificial intelligence computing. The world's second-largest memory chipmaker posted an operating profit of 2.88 trillion won ($2.09 billion) for the January-March period, compared with a loss of 3.4 trillion won a year ago, the company said in a regula. ....

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SK Hynix announces 1Q24 financial results

SK Hynix announces 1Q24 financial results
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United States , Kim Woohyun , Yongin Semiconductor Cluster , Quadruple Level Cell , North Chungcheong Province , Financial Officer Kim Woohyun ,

SK hynix Announces 1Q24 Financial Results

SK hynix Announces 1Q24 Financial Results
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SK hynix profits soar on AI chip boom

SK hynix, the world's second-largest memory chip maker, said Thursday it has returned to profit, thanks to its leadership in advanced memory chips critical to generative artificial intelligence tools, recovering from a long slump in the memory market. The company reported a quarterly operating income of 2.89 trillion won ($2.10 billion) for the January-March period, compared with a loss of 3.4 trillion won marke. ....

United States , Ch Ungch Ong Bukto , South Korea , Yongin Semiconductor Cluster , High Bandwidth Memory , Financial Officer Kim Woo Hyun , North Chungcheong Province , The Korea Herald , Orean News , Outh Korea News , Outh Korea News In English , Sia News , K Pop , 코리아 헤럴드 ,