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Nvidia supplier SK Hynix posts record quarterly profit
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Nvidia supplier SK Hynix posts record quarterly profit
Jan 22, 2025 2:50 PM

SEOUL, Jan 23 (Reuters) - South Korea's SK Hynix ( HXSCF )

on Thursday posted a record quarterly profit as the

Nvidia ( NVDA ) supplier saw strong sales of advanced chips such

as high bandwidth memory (HBM) used in generative AI chipsets.

According to Reuters calculation, the world's second-biggest

memory chipmaker reported a 8.1 trillion won ($5.64 billion)

operating profit for the October-December quarter.

That result compared with an 8 trillion won average forecast

by LSEG SmartEstimate, which is weighted toward analysts who are

more consistently accurate.

($1 = 1,435.1200 won)

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