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Nvidia supplier SK Hynix sees no AI chip oversupply
Nvidia supplier SK Hynix sees no AI chip oversupply as profit soars to record
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would continue to outpace supply next year.
Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand
Operating profit for the third-quarter hit 7.03 trillion won ($5.08 billion), a record high, beating LSEG forecast of 6.8 trillion won.
Nvidia Supplier SK Hynix Q3 Profits Soar, Driven by High-Bandwidth Memory Demand in AI
Nvidia Supplier SK Hynix posted record third-quarter profits driven by strong demand for its high-bandwidth memory used in generative AI. Revenue grew 94% year-over-year, slightly below analyst estimates.
Gizmodo
2d
NVIDIA Computer Finds Largest Known Prime, Blows Past Record by 16 Million Digits
That’s right: A researcher and former
NVIDIA
employee has found 2 136,279,841-1, the largest known prime number, which ...
1d
Nvidia stock closed at a record high as Wall Street sees strong AI demand
Nvidia (NVDA) closed at a record high Monday as Wall Street anticipates Big Tech’s earnings report in November.
2d
on MSN
Nvidia Price Levels to Watch as Stock Hits Record High on AI Optimism
Key Takeaways Nvidia shares will likely remain in the spotlight after surging to a new record high Monday amid optimism about ...
10d
Nvidia notches record close, could unseat Apple as most valuable company
In June, Nvidia briefly became the world's most valuable company. It was overtaken by Microsoft, and the tech trio's market ...
3d
Nvidia stock soars to fresh record as Wall Street stays bullish ahead of earnings
Nvidia stock hit an all-time intraday high Monday as Wall Street analysts raised their price targets on the AI chipmaker.
10d
on MSN
Nvidia Stock Hits Record Closing High on Growing Optimism About AI Demand
Nvidia shares climbed Monday, hitting an all-time closing high in the wake of bullish comments from Wall Street analysts.
10d
on MSN
Nvidia stock tests record highs as Wall Street defends chipmaker's valuation amid 'AI arms race'
Nvidia stock is trading at a forward price-to-earnings multiple of about 35x, which is below its three-year and five-year ...
9d
Nvidia: Record Highs, Yet History Of Railroads Hints At Bleak Prospects
Nvidia Corporation’s stock price is near all-time highs, but I remain bearish due to its role as an infrastructure company in ...
7d
Nvidia hits record high as chip stocks rally on TSMC's rosy AI-powered outlook
U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor ...
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