Nvidia supplier SK Hynix Cautions on Demand Volatility Despite Profit Surge 158%
TECHi 2025-04-24
Summary:
Competing with its arch rival, Samsung, SK Hynix surpassed market expectations for revenue generation in the first quarter. The leading memory chipmaker posted revenue of $12.36 billion, marking a 42% increase for the March quarter 2024. However, despite the upbeat annual growth, the company reported a sequential decline, with revenue falling 11% and operating profit […]
The post Nvidia supplier SK Hynix Cautions on Demand Volatility Despite Profit Surge 158% first appeared on TECHi and is written by Naba Fatima.