Nvidia Partner SK Hynix’s Profit Fails to Impress AI Chip Bulls
SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand
Nvidia Partner SK Hynix Sees Record Profits, Fails to Impress AI Chip Bulls
Nvidia Stock Falls Despite Stargate. Why SK Hynix Is Weighing on Chip Makers.
Nvidia stock reversed course Thursday after rallying earlier this week on the back of President Trump’s announcements on artificial intelligence. Investors had been worried about a slow rollout of the company’s advanced Blackwell chips but a flagship $500 billion AI plan is soothing those fears.
Nvidia impact: World's second-biggest memory chipmaker from South Korea reports over 8 trillion won profit
The result compared with an 8 trillion won average forecast by LSEG SmartEstimate, which is weighted toward analysts who are more consistently accurate. SK Hynix's quarterly opera
Chip Stocks Slide as AI Demand Outlook Wavers After SK Hynix Warning
SK Hynix still finds strong demand for AI-related chips even with uncertainty ahead. However, experts caution that artificial intelligence expansion may slow down in 2025, hence lowering the difference between consumer-oriented and AI-oriented semiconductors.
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How This NVIDIA Supplier Has Micron Shares Reeling Today
Shares of Micron (NASDAQ:MU) are down about 3.5% on the day. About This Article  Shares of Micron are down about $4.50 on the day thanks to Nvidia supplier, SK Hynix. Granted, SK Hynix did post a record quarterly profit.
Nvidia Supplier SK Hynix Soars 102% In Revenue, But Stock Drops Despite AI Memory Boom
SK hynix Inc. reported financial results for 2024, with revenues surging 102% to 66.19 trillion won ($46.34 billion), driven by explosive demand for artificial intelligence memory products.
SK Hynix profit tops forecast Samsung results, but shares dip on demand outlook
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of advanced chips such as high-bandwidth memory (HBM) used in generative artificial intelligence chipsets.
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SK Hynix Closes the Book on a Banner Year for High-Bandwidth Memory
The company’s Q4 revenue increased by 12%, and its operating profit rose by 15%, making for its best quarter ever, SK Hynix said in a statement. The company also announced that its revenue for the year was 66.1930 trillion won (roughly $46.13 billion). SK Hynix raised its annual fixed dividend for shareholders by 25%.
SK Hynix fourth-quarter profit soars to a record high, beating expectations on AI boom
South Korea’s SK Hynix, one of the world’s largest memory chipmakers supported by strong sales of high bandwidth memory (HBM) used in generative AI.
Texas Instruments’ Forecast Signals Chip Slump Is Persisting
Texas Instruments Inc. gave a disappointing earnings forecast for the current period, hurt by still-sluggish chip demand and higher manufacturing costs.
These Stocks Moved the Most Today: Electronic Arts, Nvidia, Arm, GE Aerospace, American Airlines, Union Pacific, and More
Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give back gains following sharp moves higher after the announcement of the Stargate AI initiative.
Why Micron Technology Stock Is Sinking Today
Shares of Micron Technology ( MU -3.93%) were slipping Thursday. The firm's stock is down 2.9% as of 1:25 p.m. ET, but lost as much as 5.4% earlier in the day. The move down comes as the S&P 500 ( ^GSPC 0.16%) gained 0.3% and the Nasdaq Composite ( ^IXIC -0.31%) fell 0.1%.