(Bloomberg) -- This year’s 30% AI-driven rally in shares of South Korea’s SK Hynix Inc. faces threats as political issues and valuations push local investors toward domestic-focused companies.

SEOUL, Jan 23 (Reuters) - South Korea's SK Hynix (000660.KS), opens new tab forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would more than double ...

SEOUL, South Korea, Jan. 22, 2025 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com) announced today that it recorded best-ever yearly performance with 66.1930 trillion won in ...

Memory maker SK Hynix reported excellent revenue results for 2024, thanks in large part to its high bandwidth memory (HBM). As AI drove demand for hardware from AMD, Nvidia and others, firms like ...

Major South Korean companies saw their revenue from the North American market increase by around 20% in 2024, with high-bandwidth memory (HBM) market leader SK Hynix seeing the largest..

TL;DR: SK hynix reported record profits in 2024, driven by high demand for its HBM memory used in AI chips, achieving sales of 66.1 trillion won and operating profits of 23.4 trillion won.

The figures were in line with the market consensus compiled by market tracker FnGuide. In the fourth quarter alone, SK hynix recorded a 2,235 percent on-year surge in operating profit to 8.1 trillion ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chipmaker SK Hynix overtook its larger rival Samsung on quarterly profit for the first time, with its lead ...

SEOUL :South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would more than double this year, after reporting a quarterly profit ...

SK's factory investment plan for high-bandwidth memory (HBM) chips this year also underwhelmed investors, analysts said. Before the result, SK Hynix shares had jumped about 30% this year on ...