Source:https://www.scmp.com/tech/big-tech/article/3283605/nvidia-supplier-sk-hynix-posts-record-profit-outshining-samsung-ai-chip-sales
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Nvidia supplier SK Hynix posts record profit, outshining Samsung in AI chip sales

The world’s second-biggest memory chip maker beat forecasts in its third-quarter earnings

Reuters
Nvidia supplier SK Hynix posted record third-quarter profit, beating forecasts. Photo: Reuters
South Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of its advanced chips such as high bandwidth memory (HBM) ones used in generative artificial intelligence (AI) chipsets.

The world’s second-biggest memory chip maker reported a 7 trillion won (US$5.07 billion) operating profit for the July-September quarter versus a 1.8 trillion won loss a year earlier.

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