The SK Hynix Inc. emblem is displayed on a glass door on the firm’s workplace in Seoul, South Korea, on Monday, Jan. 27, 2014. SK Hynix goals to pick a U.S. web site for its superior chip packaging plant and break floor there across the first quarter of subsequent 12 months.
SeongJoon Cho | Bloomberg | Getty Pictures
South Korea’s SK Hynix on Thursday posted report working revenue and income within the second quarter on sustained demand for its excessive bandwidth reminiscence expertise utilized in generative AI chipsets.
Listed below are SK Hynix’s second-quarter outcomes in contrast with LSEG SmartEstimates, that are weighted towards forecasts from analysts who’re extra persistently correct:
- Income: 22.23 trillion gained vs. 20.56 trillion gained
- Working revenue: 9.21 trillion gained vs. 9 trillion gained
Income rose about 35% within the June quarter in contrast with the identical interval a 12 months earlier, whereas working revenue rose over 68%, 12 months on 12 months.
On a quarter-on-quarter foundation, income rose 26%, whereas working revenue jumped 24%.
The corporate stated in an announcement that it loved sturdy demand and favorable pricing situations within the first half of the 12 months. SK Hynix added that there was a low chance of sharp demand corrections for the remainder of 2025, attributable to steady buyer stock ranges and anticipated demand from new product launches.
SK Hynix is a number one provider of dynamic random entry reminiscence — a kind of risky semiconductor reminiscence generally present in PCs, workstations and servers that’s used to retailer information and program code.
A lot of the corporate’s latest success might be credited to its enterprise in excessive bandwidth reminiscence, or HBM — a kind of DRAM utilized in synthetic intelligence servers.
SK Hynix has established itself as the worldwide chief in HBM, supplying purchasers comparable to U.S. AI darling Nvidia.
Micron Expertise and Samsung Electronics are the opposite reminiscence gamers searching for to catch as much as SK Hynix within the HBM area. Nevertheless, analysts count on SK Hynix’s dominance to persist by this 12 months.