SK Hynix posts record quarterly profit surpassing Samsung on AI boom

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SEOUL :South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.

It expects it will start supplying even more advanced 16-layer HBM4 chips in the second half of 2026 and that Chinese rivals will face difficulties in developing advanced chips due to U.S.restrictions.

The company said its HBM chips accounted for 40 per cent of its total DRAM revenue in the fourth quarter.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSouth Korea

Topics: Operating High-end Hynix Cent Year Quarter Samsung Chips Forecast Profit Trillion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 06:46:40 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 458 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 25354741

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