SK Hynix’s Profit Jump Misses Markets’ Lofty AI Expectations

SK Hynix earnings
Covered by 4 sources
- Guardian Tech·3h agoShares in Asian chip firms plunge further as AI sell-off continues
Drop comes after South Korean company SK Hynix’s results undershot investors’ expectations Business live – latest updates Shares in companies linked to AI have plunged further after disappointing results from the South Korean chipmaker SK Hynix, sending the country’s stock…
Read at Guardian Tech → - NYT Business·4h agoSouth Korea’s Memory Chip Giant Defies A.I. Market Jitters
SK Hynix, a leading memory chipmaker, reported stratospheric sales and profits on Wednesday. But it was not enough to calm skittish investors.
Read at NYT Business → - Financial Times·11h agoSK Hynix profits soar sixfold on AI boom
Second-largest memory-chip maker says it won multiyear contracts with about 10 customers
Read at Financial Times → - Bloomberg Technology·13h agoSK Hynix’s Profit Jump Misses Markets’ Lofty AI Expectations
SK Hynix Inc.’s quarterly profit rose 557%, but missed expectations, fueling fears that an AI boom that has propelled the semiconductor industry may be decelerating.
Read at Bloomberg Technology →
