SK Hynix, a key NVIDIA supplier, reports record Q2 revenue of 16.4 trillion won ($11.9bn) and 5.47 trillion won ($3.96bn)
South Korea's SK Hynix, a key supplier to NVIDIA, has reported a record quarterly revenue of 16.4 trillion won ($11.9bn) and a 5.47 trillion won ($3.96bn) operating profit in the second quarter, driven by increasing demand for AI chips and high-end DRAM chips. SK Hynix plans to invest $56bn in AI and semiconductor technology by 2026, maintaining its leadership in high-end memory markets and strengthening its position as a leader in AI memory products.
July 24, 2024
15 Articles