SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom

Nvidia supplier SK Hynix sees limited tariff impact on AI chips after bumper Q1

SEOUL: SK Hynix, a key supplier of high-bandwidth memory (HBM) processors to Nvidia, said quarterly profit more than doubled and demand for AI chips was so robust that it expects only limited impact on those products from potential US tariffs. © New Straits Times Press (M) Bhd

SK hynix posts record profits thanks to strong AI demand

South Korean chip giant SK hynix reported record quarterly profits Thursday thanks to soaring global demand for artificial intelligence, highlighting the firm's ability to weather mounting tariff threats.

Nvidia supplier SK Hynix’s profit soars on AI demand boost

It marks the company’s second-highest quarterly performance and comes on the heels of record revenue and profit in the prior quarter.

Nvidia supplier SK Hynix’s Q1 profit more than doubles, tops expectations

Nvidia supplier SK Hynix’s Q1 profit more than doubles, tops expectations

Nvidia supplier SK Hynix's Q1 profit more than doubles, tops expectations

SK Hynix's first-quarter profit more than doubled, driven by strong sales of advanced chips used in generative artificial intelligence chipsets and as some customers stockpiled semiconductors ahead of potential U.S. tariffs.

SK Hynix quarterly profit soars 158% to top estimates as chip demand surges on AI boom

South Korea's SK Hynix beat quarterly revenue and operating profit estimates, with demand from artifical intelligence remaining robust.