SK hynix Inc. (000660.KS)
| Previous Close | 179,800.00 |
| Open | 173,800.00 |
| Bid | 171,300.00 x 0 |
| Ask | 171,400.00 x 0 |
| Day's Range | 170,600.00 - 176,700.00 |
| 52 Week Range | 85,000.00 - 191,400.00 |
| Volume | |
| Avg. Volume | 4,272,697 |
| Market Cap | 117.478T |
| Beta (5Y Monthly) | 0.90 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Apr 25, 2024 |
| Forward Dividend & Yield | 1,200.00 (0.67%) |
| Ex-Dividend Date | Mar 28, 2024 |
| 1y Target Est | 207,673.00 |
BloombergAI Memory Boom Propels SK Hynix's Fastest Sales Growth Since 2010
(Bloomberg) -- SK Hynix Inc. said it expects a full recovery in the memory market, led by surging AI-related demand, and lifted its capital spending plans.Most Read from BloombergMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesZuckerberg Asks for Patience as Meta’s AI Push Spooks MarketHow to Get a Meeting With the UAE’s $1.5 Trillion
PR NewswireSK hynix Announces 1Q24 Financial Results
SK hynix Inc. (or "the company", www.skhynix.com) announced today that it recorded 12.43 trillion won in revenues, 2.886 trillion won in operating profit (with an operating margin of 23%), and 1.917 trillion won in net profit (with a net margin of 15%) in the first quarter.
ReutersNvidia supplier SK Hynix expects full chip recovery after strong earnings on AI boom
SEOUL (Reuters) -South Korea's SK Hynix Inc said it expected a full recovery in memory chips on AI demand, posting its highest profit in nearly two years on sales of advanced DRAM chips with high bandwidth memory (HBM) for use in generative AI chipsets. "The memory market is entering into full recovery cycle with ongoing strength of AI demand," SK Hynix said. With chipmakers focusing production capacity more on chips to meet AI-driven demand, there may be a shortage of regular memory chips for smartphones, personal computers and network servers by year-end if demand for tech devices exceeds expectations, Hynix said.
