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SK Hynix profits double on memory chip stockpiling ahead of US tariffs

Financial Times

Financial Times

Summary

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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.
International Business Times
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Nvidia Supplier SK Hynix’s Earnings Beat Estimates on AI Boom
Bloomberg News
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The Nvidia supplier reported on Thursday a 7.4-trillion-won ($5.19-billion) operating profit for the first quarter (Q1) ended March, versus 2.9 trillion won a year earlier.
The Manila Times
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Revenue rose about 42% in the March quarter compared with the same period a year earlier, while operating profit surged 158%, year on year.
CNBC

■ Story #43 ▪

issue 88:88 ▪

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10 sources ▪

updated 88:88

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