SEOUL, July 25 (Reuters) - South Korea's SK Hynix ( HXSCF )
posted on Thursday its third consecutive quarterly
profit as the Nvidia ( NVDA ) supplier sees explosive sales of
its advanced DRAM chips such as high bandwidth memory (HBM) used
in generative AI chip sets.
The world's second-biggest memory chipmaker reported a 5.47
trillion won ($3.96 billion) operating profit for the April-June
quarter versus a loss of 2.9 trillion won a year earlier.
It was in line with expectations for a 5.4 trillion won
operating profit from LSEG SmartEstimate which is weighted
toward analysts who are more consistently accurate.
($1 = 1,380.3400 won)