SEOUL, Oct 24 (Reuters) - South Korea's SK Hynix ( HXSCF )
on Thursday posted a record quarterly profit as the
Nvidia ( NVDA ) supplier saw strong sales of its advanced chips
such as high bandwidth memory (HBM) ones used in generative AI
chipsets.
The world's second-biggest memory chipmaker reported a 7
trillion won ($5.07 billion) operating profit for the
July-September quarter versus a 1.8 trillion won loss a year
earlier.
That compared with a 6.8 trillion won average forecast by
LSEG SmartEstimate, which is weighted toward analysts who are
more consistently accurate.
($1 = 1,379.9600 won)
(Reporting by Heekyong Yang and Joyce Lee; Editing by
Muralikumar Anantharaman)