Nvidia supplier SK Hynix logs record Q3 profit on AI memory demand By Investing.com
Update: 2025-10-29
Description
SK Hynix, a major semiconductor manufacturer, reported a record-breaking third-quarter profit, driven by a surge in demand for advanced memory chips. The company's operating profit soared by 62% to 11.38 trillion won, while revenue jumped by 39% to 24.4 trillion won. This growth was primarily fueled by the AI boom, with high-value products like high-bandwidth memory and DDR5 memory seeing significant demand. SK Hynix has secured orders for all of its DRAM and NAND chip production for next year and plans to launch its cutting-edge HBM4 chips in the fourth quarter. The company's stock has reached new highs, reflecting investor excitement and its growing role as a key supplier for high-performance memory chips in AI.
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