SK Hynix reports Q3 revenue up 94% YoY to a record ~$12.7B, vs. ~$13.2B expected, and operating profit of ~$5.1B, vs. ~$5B expected, on continued AI chip demand (Yoolim Lee/Bloomberg)

6 days ago 4

Yoolim Lee / Bloomberg:
SK Hynix reports Q3 revenue up 94% YoY to a record ~$12.7B, vs. ~$13.2B expected, and operating profit of ~$5.1B, vs. ~$5B expected, on continued AI chip demand  —  - Revenue climbed 94% while operating profit hit a new high  — SK Hynix's shares have gained more than 35% this year

1. Homepage
2. Technology
3. SK Hynix reports Q3 revenue up 94% YoY to a record ~$12.7B, vs. ~$13.2B expected, and operating profit of ~$5.1B, vs. ~$5B expected, on continued AI chip demand (Yoolim Lee/Bloomberg)