SEOUL, April 25 (Reuters) - South Korea's SK Hynix
on Thursday posted its highest profit in nearly two
years, as explosive sales of its advanced DRAM chips such as
high bandwidth memory (HBM) used in generative AI chipsets drove
a steep performance improvement.
The world's second-biggest memory chipmaker and Nvidia ( NVDA )
supplier reported a 2.89 trillion won ($2.1 billion)
operating profit for the January-March quarter versus a loss of
3.4 trillion won a year earlier.
It beat expectations for a 1.88 trillion won operating
profit LSEG SmartEstimate which is weighted toward analysts who
are more consistently accurate.
($1 = 1,374.6200 won)