SK Hynix logo design presented on a phone display as seen in this image image absorbed Krakow, Poland on January 30, 2023.
Jakub Porzycki|Nurphoto|Getty Images
South Korea’s SK Hynix, among the globe’s biggest memory chipmakers, on Thursday uploaded document quarterly revenue, enhanced by solid need for its high data transfer memory (HBM) made use of in generative AI chipsets.
Here are SK Hynix’s third-quarter outcomes compared to LSEG SmartEstimate, which is heavy towards projections from experts that are a lot more continually exact:
- Revenue: 17.57 trillion won ($ 12.7 billion) vs. 18.11 trillion won
- Operating revenue: 7.03 trillion won ($ 5.08 billion) vs. 6.8 trillion won
Operating revenue in the July-September quarter struck its highest degree, recoiling from a loss of 1.8 trillion won throughout the same period last year.
Quarterly income expanded regarding 94% year-on-year from 9.1 trillion won.
The South Korean chip titan is a vital vendor to Nvidia and has actually taken advantage of a boom in expert system web servers.
“While the demand of memory for AI servers such as HBM and eSSD has grown noticeably this year, the company predicts that this trend will continue next year,” the company stated in its earnings release.
The firm stated last month that it has started mass production of its most recent variation of HBM chips and go for shipment by the end of the year.
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