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SK hynix hit by market uncertainty, despite record earnings

Summary by The Register

Shares slide at 'most profitable' company in Korea as world worries over geopolitics

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The Register

SK hynix hit by market uncertainty, despite record earnings

Shares slide at 'most profitable' company in Korea as world worries over geopolitics

1 month ago

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CNBC

SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty

SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.

1 month ago·United States

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Automobile News and Trends - You must read this !

SK Hynix Outperforms Samsung in Profits Amid Declining Memory Chip Demand: Uncertainties and Forecasts Revealed

SK Hynix's earnings exceed that of Samsung, yet stock prices fall due to reduced demand for memory chips. The firm indicated that high-performance chips will continue to experience supply shortages, while the need for older models is expected to drop rapidly. Prior to the announcement of the outcome, the stock of SK Hynix had surged approximately 30% this year due to optimistic outlook fueled by its business negotiations with Nvidia. This perfor…

1 month ago

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StorageNewsletter

SK hynix: 4Q24 Financial Results

Summary: Revenues for 2024 at 66.1930 trillion won, operating profit at 23.4673 trillion won, net profit at 19.7969 trillion won Revenues for Q4 at 19.7670 trillion won, operating profit at 8.0828 trillion won, net profit at 8.0065 trillion won Achieving best-ever quarterly and yearly performance with increased sales of AI memory products including HBM and […] The post SK hynix: 4Q24 Financial Results appeared first on StorageNewsletter.

1 month ago

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technewstube.com

SK hynix wobbles on market uncertainty, despite record 2024 earnings

Shares slide at 'most profitable' company in Korea as world worries over geopolitics Market uncertainty and fears around trade protectionism are overshadowing SK hynix's latest earnings, with its shares sliding despite revenue doubling for the financial year just completed. . . .

1 month ago

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Dataconomy

SK Hynix hits record $13.7B earnings but why did shares drop 2.7%?

SK Hynix, a leading South Korean memory chipmaker, reported record quarterly earnings of 19.77 trillion won ($13.7 billion) on Thursday, driven by robust sales of high bandwidth memory (HBM) utilized in generative AI chipsets. However, its shares fell by 2.7% as CFO Kim Woohyun cautioned about uncertainty in memory demand for 2025. SK Hynix reports record earnings, shares dip amid 2025 demand concerns In the quarter ended December, SK Hynix’s op…

1 month ago

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