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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 | N/A |
| Forward dividend & yield | 1,200.00 (0.67%) |
| Ex-dividend date | 28 Mar 2024 |
| 1y target est | N/A |
- Reuters
Nvidia 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.
- Reuters
UPDATE 2-SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
South Korea's SK Hynix Inc said it expected a full recovery in memory chips on AI demand, after posting its highest profit in nearly two years on massive sales of its advanced DRAM chips such as high bandwidth memory (HBM) used in generative AI chipsets. The world's second-biggest memory chipmaker and Nvidia supplier reported a 2.89 trillion won ($2.1 billion) operating profit for the January-March quarter versus a loss of 3.4 trillion won a year earlier. "The memory market is entering into full recovery cycle with ongoing strength of AI demand," SK Hynix said.
- Reuters
UPDATE 2-SK Hynix to invest $3.86 bln in DRAM chip production in South Korea
South Korean memory chipmaker SK Hynix plans to invest 5.3 trillion won ($3.86 billion) to build a chip factory for a new dynamic random access memory (DRAM) chip production base in South Korea, it said on Wednesday. The Nvidia supplier plans to start construction at the chip factory, called M15X, at the end of April and aims to have it ready for mass production by November 2025. Including a planned gradual increase in equipment investments, the total investment in the new production base is expected to be more than 20 trillion won in the long term, a company statement said.
